Collins, MS - Taco Bell

Description:

SRS National Net Lease Group, LP is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in the Taco Bell investment property located in Collins, Mississippi. The property is subject to a 25-year absolute NNN lease with approximately 21 years remaining and 6 (5-year) extension options. The lease features 10% rental increases every five years (the next one in Dec. 2027) throughout the initial term and options, with no landlord maintenance responsibilities. The tenant, Pacific Bells, LLC, is one of the largest Taco Bell franchisees in the nation with 300+ restaurants across 11 states. The property features a 2,187-square-foot drive-thru building constructed in 2022, providing investors with a long-term investment opportunity backed by an experienced multi-unit restaurant operator.

The subject property is strategically positioned along U.S. Highway 49, a primary commercial thoroughfare experiencing approximately 26,000 vehicles per day near the site. The property benefits from convenient access to State Highway 84 and is surrounded by national and regional retailers, restaurants, and service providers. Nearby businesses include McDonald’s, Hardee’s, O’Reilly Auto Parts, Dollar General, ExxonMobil, and Habanero’s Mexican Grill. The concentration of complementary retail and dining uses reinforces the property’s position within an established commercial corridor serving Collins and the surrounding Covington County trade area.

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