Property ID #: 19194
Tenant Name: Taco Bell
Street Address:
City: Russellville
State: AL
Zip: 35653

COMPANY DESCRIPTION

Taco Bell, a subsidiary of Yum! Brands, is the nation’s leading Mexican-style Quick-Service Restaurants serving more than 36 million customers each week in over 5,900 stores in the U.S. Since its founding by Glen Bell in 1962, Taco Bell has become the second most profitable brand in the country. Yum! Brands, Inc., based in Louisville, Kentucky, is one of the world’s largest restaurant companies with over 41,000 restaurants in more than 125 countries and territories. Yum! Brands is ranked #216 on the FORTUNE 500 list with revenues of more than $13 billion and in 2014 was named among the 100 Best Corporate Citizens by Corporate Responsibility Magazine and one of the Aon Hewitt Top Companies for Leaders in North America. Our restaurant brands – KFC®, Pizza Hut® and Taco Bell® – are the global leaders of the chicken, pizza and Mexican-style food categories.

Sector: Quick-Service Restaurants (QSR)

FINANCIAL PROFILE

Price: $2,435,000
NOI:
Cap Rate: 4.75
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): BB

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 25
Initial Term Increases: 1% Annually
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: Six 5-Year Options
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 2020
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 2
Lot AC :

DEMOGRAPHICS

Population
1-Mile:
3-Mile:
5-Mile:
Average Household Income
1-Mile: 0.00
3-Mile: 0.00
5-Mile: 0.00

INFORMATION REQUEST

Reserve This 1031 Now