Taco Bell - Net Lease Property for Sale
Louisville, KY
Key Investment Metrics
Price
$2,980,000
Cap Rate
6.0%
Net Operating Income
$178,783
Building Size
2136 SF
Lot Size
2,136 SF
Land Area
0.99 Acres
Remaining Term
12.5 years
Lease Expiration
07/09/2038
Lease Term
20.5 years
Lease Commencement
01/24/2018
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1990
Occupancy
100%
Tenancy
Single
Rent Increases
0% rent increases every five years
About This Taco Bell Net Lease Property
This Taco Bell NNN (triple net lease) property is located in Louisville, KY and represents an excellent investment opportunity for commercial real estate investors. The property features 2136 square feet of building space and was built in 1990.
With a cap rate of 6.0%, this Taco Bell net lease property offers stable income potential. The asking price is $2,980,000, making it an attractive option for 1031 exchange investors seeking quality Taco Bell commercial properties.
Why Invest in Taco Bell NNN Properties?
- Stable Income: Taco Bell net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Taco Bell is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Louisville, KY Market Overview
Located in Louisville, KY, this Taco Bell property benefits from strong local demographics and market fundamentals. The Louisville area offers excellent visibility and accessibility, making it an ideal location for Taco Bell operations and a solid investment for net lease property buyers.