Taco Bell | 25-Year Absolute NNN Lease 702 Walnut St

Investment Highlights

25-year absolute NNN lease to one of the largest franchisees in the Taco Bell system No landlord management, an ideal opportunity for a local or out-of-area investor High-visibility and easily accessible location on Walnut Street, Centreville?s primary retail thoroughfare, with access to 7,417 vehicles per day Rare annual rental increases, providing an excellent long-term and secure money-generator Leased to Tacala LLC, one of Taco Bell?s largest operators with over 350 units ? Taco Bell serves more than 42 million customers each week in the U.S Strategically positioned at the signalized intersection of Walnut Street and Birmingham Road, with access to a combined 11,753 vehicles per day

Executive Summary

High-visibility and easily accessible location on Walnut Street, Centreville?s primary retail thoroughfare, with access to 7,417 vehicles per day directly in front of the siteThis Taco Bell site is strategically positioned at the signalized intersection of Walnut Street and Birmingham Road, with access to a combined 11,753 vehicles per dayThe property is located directly across the street from Bibb County High School (494 students), providing Taco Bell with a consistent customer baseLocated less than one mile from Bibb Medical Center, a 35-bed hospital employing 514 total staff, one of the largest employers in the areaCentreville sits between Birmingham and Montgomery, two of Alabama?s biggest cities, giving Taco Bell access to commuting traffic traveling between the two metropolitan areasTaco Bell has fantastic proximity to many critical traffic drivers including Bibb County High School (494 students), Brent Centreville Library, Bibb Medical Center, Bibb County Board of Education, Bibb County Health Department and many moreProjected population and income increases within 5-, 10-, and 15-mile radii of the site, poising Taco Bell and Centreville for steady concurrent growth

• Sale Type    Investment NNN
• Sale Condition    1031 Exchange
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Fast Food
• Building Size    2,500
• Building Class    B
• Year Built    2024
• Price    2,482,000
• Price Per SF    993
• Cap Rate    5.50
• NOI    136,500
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.08
• Land Acres    0.72 AC