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Taco Bell

44 CC Drive 72635

$1,980,950

Cap Rate 5.25%

Updated: 04.09.24 Posted: 05.24.23 Status: Sold

Summary

Price $1,980,950
Built/Renov 2023
Tenant Taco Bell
Cap Rate 5.25%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 2,149
Lease Start 07-01-2023
#Units 320
Price/SF $921.80
Expiration 06-30-2048
Tenant Type Fast Food/QSR
NOI $104,000
R. Term 23.1
Ownership Fee Simple
Rent/SF $48.39
Increases 1.0%/1/yrs
Pop 5Mi 8,293
Lot/AC 1.26
Options 4/5yrs/1%
AHHI 5Mi $59,150

Marvin DeLaura
Fortis Net Lease
Contact

Doug Passon
Fortis Net Lease
Contact

Lease Highlights

  • Brand new 2023 construction
  • Taco Bell recently signed a brand new 25-year lease with 4 (5-year) options to extend
  • Lease features 1% annual rental increases throughout the initial term and options
  • Absolute NNN | Zero landlord responsibilities
  • Guaranteed by K Mac Enterprises Inc. (over 320 units)

Location Description

This newly constructed Taco Bell is located a the signalized, hard corner intersection o CC Drive and East Main Street (Hwy 62) with access to 13,300 vehicles per day. The site is situated along a dense retail corridor with neighboring national/credit tenants including Sonic, McDonalds, Exxon, Casey’s and Dollar General. The tenant is situated in a dense residential area providing a direct...

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Key Features

  • New construction

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Brand new lease

  • Long 20+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Top franchise operator

    • ...

Links

Taco Bell Wikipedia Taco Bell Wikipedia Gassville, Arkansas Zip Code 72635 Broker Site Page

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Taco Bell is an American-based chain of fast food restaurants originating in Irvine, California in 1962, by founder Glen Bell. Taco Bell is the leading Mexican-inspired, quick service...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 1,595 4,180 7,054
2023 Total Population : 1,617 4,163 7,008
2023 Employed Civilian Pop : 766 1,708 2,763
2023 Total Businesses : 39 137 223
2023 Average Household Income : $ 52,284 $ 57,346 $ 61,172
2023 Total Consumer Spending : $ 30 M $ 91 M $ 162 M
2023 Median Age : 41 45 47
2023 Total Households : 649 1,776 2,977
2023 Pop Age 25+: Bachelor's Degree : 100 285 542
2023 Average Home Value : $ 108,592 $ 187,948 $ 210,660
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
East Main Street Buford Cutoff 2021 16,000 0.28 mi
E Main St Lincoln St 2015 14,000 0.65 mi
Elm St Lakeview Dr 2002 200 0.79 mi
Cotter Road E Cotter Rd 2021 380 0.85 mi
Vine Street Lakeview Dr 2021 220 0.86 mi
AR-126 Elm St 2021 4,800 0.93 mi
West Main Street Ryan Rd 2021 14,000 1.28 mi
W Main St Rainbow Dr 2002 9,200 1.78 mi
Harding Boulevard Monroe 2021 1,500 2.20 mi
Wildcat Shoals Road Co Rd 708 2021 460 2.43 mi

Listing Broker

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