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| Price $2,547,000 $2,700,000 | Built/Renov 2023 | Tenant Taco Bell |
| Cap Rate 6.09% 5.74% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,550
| Lease Start
12-01-2023
| #Units
300
|
| Price/SF $998.82 $1,058.82 | Expiration
12-01-2048
| Tenant Type Fast Food/QSR |
| NOI $155,000 | R. Term 23.7 | Ownership Fee Simple |
| Rent/SF
$60.78
| Increases 1.0%/1/yrs | Pop 5Mi 14,169 |
| Lot/AC 1.00 | Options 5/5yrs/1% | AHHI 5Mi $60,273 |
| | |
Taco Bell is strategically located on Woodland Drive SW, with access to 22,000 vehicles passing by daily. The property serves as an outparcel to a Lowe’s Home Improvement-anchored center that features a variety of national/credit tenants. Additionally, it is situated across the highway from the Ridge View Shopping Center and a Big Lots-anchored center, both housing multiple national tenants,...
...New construction
New prototype
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Brand new lease
Long 20+ yr lease
Absolute NNN
Traded and rated company
Top franchise operator
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 restaurant...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,554 | 8,360 | 13,571 |
| 2023 Total Population : | 1,651 | 8,769 | 14,169 |
| 2023 Employed Civilian Pop : | 740 | 3,968 | 6,470 |
| 2023 Total Businesses : | 228 | 488 | 704 |
| 2023 Average Household Income : | $ 71,606 | $ 63,546 | $ 60,273 |
| 2023 Total Consumer Spending : | $ 48 M | $ 208 M | $ 328 M |
| 2023 Median Age : | 45 | 41 | 42 |
| 2023 Total Households : | 741 | 3,636 | 6,045 |
| 2023 Pop Age 25+: Bachelor's Degree : | 154 | 675 | 1,096 |
| 2023 Average Home Value : | $ 169,270 | $ 158,535 | $ 152,352 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Orby Cantrell Hwy | Norton Rd | 2016 | 16,000 | 0.09 mi |
| Orby Cantrell Hwy | Addington Ave SW | 2016 | 16,000 | 0.32 mi |
| Orby Cantrell Highway | Addington Ave SW | 2018 | 14,000 | 0.32 mi |
| Norton Rd | Woodland Dr SW | 2016 | 11,000 | 0.42 mi |
| Norton Rd | Cherry St SE | 2016 | 14,000 | 0.51 mi |
| Orby Cantrell Hwy | Addington Ave SW | 2016 | 16,000 | 0.56 mi |
| Orby Cantrell Highway | Addington Ave SW | 2018 | 14,000 | 0.56 mi |
| Norton Road | Woodland Dr SW | 2021 | 23,000 | 0.58 mi |
| Norton Road | Varner St SE | 2020 | 11,000 | 0.58 mi |
| Orby Cantrell Hwy | Norton Rd | 2016 | 22,000 | 0.59 mi |
Lawrence, KS
Cap Rate 5.65%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 950
Parker, CO
Cap Rate 6.50%
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R. Term 19.80 yrs
Size/SF 624
Tucson, AZ
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 828
Hendersonville, TN
Cap Rate 5.20%
Lease Abs NNN
R. Term 14.80 yrs
Size/SF 950
Austin, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 12.11 yrs
Size/SF 890
Sevierville, TN
Cap Rate 5.15%
Lease Abs NNN
R. Term 18.40 yrs
Size/SF 959
Columbia, SC
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.11 yrs
Size/SF 530
Burnsville, MN
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.20 yrs
Size/SF 1,052
North Richland Hills, TX
Cap Rate 5.00%
Lease Abs NNN
R. Term 13.10 yrs
Size/SF 2,800
Port Charlotte, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 19.40 yrs
Size/SF 2,370
Quincy, IL
Cap Rate 4.75%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 3,062
Augusta, GA
Cap Rate 6.50%
Lease Abs NNN
R. Term 18.70 yrs
Size/SF 400
Kansas City, MO
Cap Rate 5.75%
Lease Abs NNN
R. Term 20.10 yrs
Size/SF 3,900
Cameron, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,990
Snellville, GA
Cap Rate 5.85%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 4,481
Strongsville, OH
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.90 yrs
Size/SF 1,860
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
