Taco Bell | Hondo, TX
Sands Investment Group is Pleased to Present For Sale the Taco Bell NNN Lease Located in Hondo, Texas. This Deal Includes Over 15 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.
- Brand New 15 Year Absolute Triple Net (NNN) Lease
- 10% Rent Increases Every 5 Years Allowing Investors to Hedge Against Inflation
- Strong Sales Performance With Healthy Rent-to-Sales Ratio
- Emerge Inc. is a Growing Operator With 124-Units Across Three Brands (28-Unit Guaranty)
- Sustainable and Stabilized Rent at $29.02/SF
- Essential Use Tenant With Drive-Thru, Pandemic and Recession Resistant
- Limited Competition in the Area
- Strong Demographics With Average Household Income $69,204 Within 3-Miles
- Centrally Located in a Retail Corridor With Multiple Points of Ingress and Egress From I-90
- Property is Well Positioned Close to a Walmart Supercenter, and the I-90 and I-173 Interchange Which Sees Nearly 24,470 VPD
- Adjacent to South Texas Regional Airport (Formerly Hondo Air Force Base)
- Income Tax-Free State (Texas)
- Nearby Tenants Include: Walmart, McDonald’s, Golden Chick, Burger King, Whataburger, Best Western Bedroom Inn-Hondo and Executive Inn-Hondo
In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman Lic. # 644481
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