Tenant: Taco Bell
Premises: 1663 SF
Renewal Options: None
Lease Expiration: 10/19/2014
Lease Type: NNN
Rental Increases: None
Sands Investment Group is pleased to offer a 1,663 square-foot net–leased investment guaranteed by Hot Tacos, INC. Hot Tacos INC., is a 115+ Unit Franchisee. Located on 0.44 acres, the building was completed in 1983.
The existing Ground Lease is absolute triple-net (NNN). Located on Main Street with over 32,000 cars driving by the location daily. Neighboring tenants include: Joann Fabric, Subway, Chase Bank, KFC, Big Lots, Arby’s and Firestone.
Taco Bell is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of Yum! Brands, Inc., they serve a variety of Tex-Mex foods including tacos, burritos, quesadillas, nachos, other specialty items, and a variety of “value menu” items. Taco Bell serves more than 2 billion customers each year in more than 6,500 restaurants mostly in the U.S., more than 80 percent of which are owned and operated by independent franchisees.
