Taco Bell | New 15-Year NNN Ground Lease — Sale in Evansville, IN
- Price: Contact for price
- Listing type: For sale
- Asset type: Business
- Location: Evansville, IN 47715
Photos
Investment Figures
- Cap rate
- 5.15%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present the Taco Bell Ground Lease in Evansville, IN. Investment Highlights: • New 15-Year NNN Ground Lease with 10% Increases Every 5 Years • Strong Guaranty (96+ Locations), a Wholly Owned Subsidiary of the Flynn Group • Flynn Group is the World's Largest Franchisee Operator of Restaurants and 3rd Largest Taco Bell Franchisee • Taco Bell Averages $2.2+ Million in Unit-Level Sales, Equates to 4.5% Rent-to-Sales Ratio at This Location • Significant Tenant Investment in New Taco Bell Prototype with a Drive-Thru • Serving 125,000+ Residents in Growing Trade Area • Across from High-Performing Schnucks Grocery Anchored Center • Regional Retail Hub Surrounded by a New Costco, Walmart, Target, Menards, Meijer, Home Depot, Lowe's and Many More
Market Context
This food service in Evansville, IN is listed for sale. It is offered at an approximate 5.2% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Evansville, IN — view the full market.
Contact
- Phil Sambazis · (858) 373-3174 · phil.sambazis@marcusmillichap.com
- Brandon Hanks · (858) 373-3224 · brandon.hanks@marcusmillichap.com
- Julia Evinger · (317) 218-5300
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