Taco Bell for Sale in Mansfield, OH
Mansfield, OH
Key Investment Metrics
Price
$2,569,248
Cap Rate
5.8%
Net Operating Income
$147,731
Building Size
2004 SF
Remaining Term
8 years
Lease Expiration
07/31/2034
Lease Term
20 years
Lease Commencement
07/31/2014
Lease Type
NNN
Tenant Credit
Franchisee, Corporate Guarantee
Year Built
1989
Occupancy
100%
Tenancy
Single
Rent Increases
1.5% Annual Increases
Property overview
Taco Bell in Mansfield
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,004 SF
- Year built
- 1989
- Lease type
- NNN
- Lease expiration
- 07/31/2034
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.