Restaurant

Taco Bell

Listing Price: $1,150,000

Cap Rate
6.17%
Tenant Name
Taco Bell
Years Remaining On Lease
6.30
Gross SF
2,374
Guarantor
Franchisee Guarantee
Rentable SF
2,374
Price/Gross SF
$484.41
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.89

Investment Overview

This is a Taco Bell Store leased to a 300 +/- unit franchisee of Taco Bell. The lease is absolute net and has a remaining term of six years and 10 months. The rent increases one percent every year.

The tenant, K-Mac Enterprises, had, at the end of 2019, approximately 300 Taco Bell stores in the central and Southwest United States. Because of the growth program, it is poised to become the largest franchisee of Taco Bell in the country. The store is located on a busy commercial street that, as of 2018, had a traffic count of approximately 39,100 cars per day.

The population within three miles of the subject property is 90,534. Irving, Texas is an inner ring suburb of the city of Dallas. As of 2017, the population of the city was 240,373. Irving is part of the Dallas Fort Worth metroplex.

Many national, international, and Fortune 500 corporations have headquarters in Irving. A sampling of such corporations include Exxon-Mobil, Kimberly Clark, Flour Corporation, Nokia America and NEC corporation of America. Part of the Dallas- Fort Worth International Airport Lies within the city of Irving.

Investment Highlights

  • Major Tenant with 300 +/- Taco Bell Locations
  • Annual Rent Increases
  • Major Metropolitan Location
  • Impressive Traffic Count of 39,100 +/- Cars Per Day
  • Almost 6.5 Years Remaining on a NNN Lease

Exclusively Listed By

Listing Price: $1,150,000

Cap Rate
6.17%
Tenant Name
Taco Bell
Years Remaining On Lease
6.30
Gross SF
2,374
Guarantor
Franchisee Guarantee
Rentable SF
2,374
Price/Gross SF
$484.41
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.89

Investment Highlights

  • Major Tenant with 300 +/- Taco Bell Locations
  • Annual Rent Increases
  • Major Metropolitan Location
  • Impressive Traffic Count of 39,100 +/- Cars Per Day
  • Almost 6.5 Years Remaining on a NNN Lease

Investment Overview

This is a Taco Bell Store leased to a 300 +/- unit franchisee of Taco Bell. The lease is absolute net and has a remaining term of six years and 10 months. The rent increases one percent every year.

The tenant, K-Mac Enterprises, had, at the end of 2019, approximately 300 Taco Bell stores in the central and Southwest United States. Because of the growth program, it is poised to become the largest franchisee of Taco Bell in the country. The store is located on a busy commercial street that, as of 2018, had a traffic count of approximately 39,100 cars per day.

The population within three miles of the subject property is 90,534. Irving, Texas is an inner ring suburb of the city of Dallas. As of 2017, the population of the city was 240,373. Irving is part of the Dallas Fort Worth metroplex.

Many national, international, and Fortune 500 corporations have headquarters in Irving. A sampling of such corporations include Exxon-Mobil, Kimberly Clark, Flour Corporation, Nokia America and NEC corporation of America. Part of the Dallas- Fort Worth International Airport Lies within the city of Irving.

Exclusively Listed By

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