Winchester, IN - Taco Bell

Description:

• The tenant currently has 5+ years remaining on their initial lease with 5 (5-year) options to extend, demonstrating their commitment to the site
• The lease features 1% annual increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
• The subject property was recently remodeled in 2024
• K-Mac Enterprises is an experienced operator with 340+ units

• The subject property is located directly next to a Walmart Supercenter anchored center
• Other nearby national/credit tenants including CVS, Autozone, O’Reilly Auto Parts, Napa, Tractor Supply Co, Dollar General, and many more
• The site is located along E. Greenville Park, which averages 4,900 VPD
• Furthermore, the asset is located in close proximity to O.R. Baker Elementary School (338 students) and Willard Elementary School (235 students), further increasing consumer traffic to the immediate trade area