IN ESCROW
Taco Bell
Memphis, TN
Property Info
Summary
- Offering Price $2,236,000
- Cap Rate 6.00%
- Current Annual Rent $134,148
- Lease Type Absolute NNN
Key Facts
Seasoned Operator - 109+ Restaurants, 6 States
Thirteen (13.3) Years Remaining - Plus 6 - 5 Year Options
Absolute Triple Net (NNN) Lease - 10% Rental Increases Every 5 Years
204K Residents Within 5 Miles - Strong Street Frontage (39K CPD)
10 Mins from FedEx World Hub - 11,000 Employees, 880 Acres
Retail & Hotel Corridor - Minutes from Memphis International Airport
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