Taco Bell | 11+yrs Remain Abs NNN | DrThru 4651 Mack Rd

4651 Mack Rd , Sacramento, California, 95823 | 2,240 sq.f | $ 2,258,000

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About This Restaurant

Investment Highlights

Over 11 Years Remaining | Options To Extend | Scheduled Rental Increases Florin Towne Centre (250,000 SF) | State Highway 99 |Delta Shores (923,000 SF) | Primary Retail Corridor Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities Strong Demographics in 5-Mile Trade Area

Executive Summary

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, drive-thru equipped, Taco Bell investment property located in Sacramento, CA. The tenant, Engen Ventures, Inc, has over 11 years remaining on their current lease term with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features a 10% rental increase every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is absolute NNN with no landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
  • Building Size    2,240
  • Building Class    B
  • Year Built/Renovated    1989/2010
  • Price    2,258,000
  • Price Per SF    1,008
  • Cap Rate    4.65
  • NOI    105,000
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.10
  • Land Acres    0.52 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Restaurant
  • Signage
  • Drive Thru

Property Taxes

Parcel Number 118-0062-023 Improvements Assessment $416,160
Land Assessment $1,456,560 Total Assessment $1,872,720
Date Created: 2024-07-16 04:09:23 Last Updated: 2024-07-16 04:09:23
Address: 4651 Mack Rd , Sacramento, California, 95823