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Restaurant

Taco Bell

201 Walton Dr, Wadesboro, NC 28170

Listing Price: $1,817,000

Cap Rate
4.50%
Tenant Name
Taco Bell
Years Remaining On Lease
17.3
Gross SF
2,098
Guarantor
Franchisee Guarantee
Rentable SF
2,098
Price/Gross SF
$866.06
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.99

Investment Overview

Taco Bell Corp., a subsidiary of Yum! Brands, Inc., (NYSE: YUM), is the nation’s leading Mexican-inspired quick serve restaurant (QSR). Taco Bell serves made-to-order and customizable tacos, burritos, and specialties such as the exclusive Doritos Locos Tacos, gourmet-inspired Cantina Bell Menu and lower calorie Fresco Menu. Reported sales show that on average, Taco Bell serves 40 million customers every week, and each unit generates $1.5 million in annual sales. Annual revenue system-wide exceeds $6.9 billion each year. The town of Wadesboro is located in Anson County, North Carolina. Wadesboro offers visitors a rich history and unique charm. From the renovated community theatre for live theatrical and musical productions, four historical museums, and galleries in the Historic Downtown District, or the fresh local produce from local famers markets and incredible outdoor recreational areas – Wadesboro a one-of-a-kind destination.

Investment Highlights

  • 18 Years Remaining on Triple-Net (NNN) Lease with Franchisee Guaranty
  • 10 Percent Rental Increases Every Five Years and Two, Five-Year Renewal Options
  • 168 Unit Franchisee in North Carolina, South Carolina, Florida, Virginia, and Arizona
  • Connected via U.S. Route 74 to Major National Retailers – Sonic, Dollar Tree, Wendy's, Popeyes, Burger King, McDonald's, Tractor Supply Co, Pizza Hut and More
  • Highly Visible to 27,000 Cars per Day along U.S. Route 74 Andrew Jackson Highway
  • Average Household Income Exceeds $54,000 within Five Miles of the Subject Property
  • Between Anson High School and Anson Middle School (Approx. 1,400 Students)
  • Within Two Minute Driving Distance to Wadesboro Downtown Historic District

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Restaurant

Taco Bell

Listing Price: $1,817,000

Cap Rate
4.50%
Tenant Name
Taco Bell
Years Remaining On Lease
17.3
Gross SF
2,098
Guarantor
Franchisee Guarantee
Rentable SF
2,098
Price/Gross SF
$866.06
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.99

Investment Highlights

  • 18 Years Remaining on Triple-Net (NNN) Lease with Franchisee Guaranty
  • 10 Percent Rental Increases Every Five Years and Two, Five-Year Renewal Options
  • 168 Unit Franchisee in North Carolina, South Carolina, Florida, Virginia, and Arizona
  • Connected via U.S. Route 74 to Major National Retailers – Sonic, Dollar Tree, Wendy's, Popeyes, Burger King, McDonald's, Tractor Supply Co, Pizza Hut and More
  • Highly Visible to 27,000 Cars per Day along U.S. Route 74 Andrew Jackson Highway
  • Average Household Income Exceeds $54,000 within Five Miles of the Subject Property
  • Between Anson High School and Anson Middle School (Approx. 1,400 Students)
  • Within Two Minute Driving Distance to Wadesboro Downtown Historic District

Investment Overview

Taco Bell Corp., a subsidiary of Yum! Brands, Inc., (NYSE: YUM), is the nation’s leading Mexican-inspired quick serve restaurant (QSR). Taco Bell serves made-to-order and customizable tacos, burritos, and specialties such as the exclusive Doritos Locos Tacos, gourmet-inspired Cantina Bell Menu and lower calorie Fresco Menu. Reported sales show that on average, Taco Bell serves 40 million customers every week, and each unit generates $1.5 million in annual sales. Annual revenue system-wide exceeds $6.9 billion each year. The town of Wadesboro is located in Anson County, North Carolina. Wadesboro offers visitors a rich history and unique charm. From the renovated community theatre for live theatrical and musical productions, four historical museums, and galleries in the Historic Downtown District, or the fresh local produce from local famers markets and incredible outdoor recreational areas – Wadesboro a one-of-a-kind destination.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

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