About This Restaurant
Investment Highlights
Heavy Traffic Brand New Building
Executive Summary
Brand-New Construction Taco Bell. 25-year Ground Lease with six five-year Options. 10% rent increases every 5 years provide a hedge against inflation. No landlord management making this an ideal opportunity for a local or out-of-area investor. Located in WA, an income tax free state. Leased to Pacific Bells, a successful franchisee of the Taco Bell Corporation, operating more than 271 restaurants in 9 states. Site features a dedicated future expansion option for a double drive-thru for added service volume with population growth. Excellent Access/Visibility ? located along the frontage of State Route 539, (Guide Meridian) a highly trafficked north-south retail corridor with approx. 20,000+ vehicles per day.
Property Details
- Sale Type Investment
- Sale Condition Ground Lease (Leasehold)
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food Restaurant
- Building Size 4,000
- Year Built 2024
- Price 2,125,000
- Price Per SF 531
- Percent Leased 100
- Building Height 1 Story
- Building FAR 0.12
- Land Acres 0.79 AC
Property Taxes
| Parcel Number | 400224-525084-0000 | Improvements Assessment | $2,340,286 |
| Land Assessment | $0 | Total Assessment | $2,340,286 |
| Date Created: | 2024-07-16 04:23:48 | Last Updated: | 2024-07-16 04:23:48 |
| Address: | 8169 Guide Meridian Rd , Lynden, Washington, 98264 | ||