Taco Bell for Sale in Levelland, TX
Levelland, TX
Key Investment Metrics
Price
$1,171,200
Cap Rate
10.0%
Net Operating Income
$117,120
Building Size
2350 SF
Land Area
0.66 Acres
Remaining Term
0.5 years
Lease Expiration
01/31/2027
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2006
Tenancy
Single
Rent Increases
No
Property overview
Taco Bell in Levelland
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,350 SF
- Land area
- 0.66 acres
- Year built
- 2006
- Lease type
- Absolute NNN
- Lease expiration
- 01/31/2027
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.