Taco Bell 15-Year Absolute NNN Lease

105 S 19th St, Blair, NE 68008, USA
$1,393,204

Description

Marcus & Millichap is pleased to present for sale this Taco Bell Fast Food Restaurant located in Blair, Nebraska. At closing, the tenant will sign a 15-Year Absolute NNN Lease with 7.5 percent increases in rent every five years. This property is minutes away from major Industrial Producers including Paxton- Mitchell Co.(Major Industrial Equipment Supplier for the U.S.), Fastenal, and Concrete Equipment Company which a major supplier of mixers and equipment for the country. Retailers in the immediate area include Verizon, Walmart Supercenter, Total Truck & Machine and Cricket Wireless.
Blair is the city and county seat of Washington County, Nebraska with a population of 7,990. It is part of the Omaha-Council Bluffs Metropolitan Statistical Area.
Taco Bell is the world’s leading Mexican-style quick service restaurant chain, serving almost 3 billion consumers each year in more than 7,072 restaurants in the United States. It is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of YUM! Brands, Inc., serving American adapted Mexican food, over 93 percent of Taco Bell restaurants are owned and operated by independent franchisees.

  • Taco Bell Absolute NNN 15-Year Lease with 7.5% Increases Every 5 Years in the Base Term and Options
  • Fast Food Restaurant with Drive Thru Component
  • Situated on a Hard Corner Signalized Four Way Intersection
  • Four minutes from Memorial Community Hospital Serving Community for 60 Years
  • Blair High School (717 Students) and Gerald Otte Middle School (531 Students) within 5 Minutes

Property Documents

  • City: Blair
  • State/county: Nebraska
  • Zip/Postal Code: 68008
  • Country: United States

Detail

  • Price: $1,393,204
  • Year Built: 1999

Additional details

  • CAP RATE: 5.15%
  • NOI: $71,750

Features