Taco Bell | Absolute Triple Net (NNN) Lease

$2,164,456

7980 East 111th Street, Bixby, OK 74008

For Sale

Retail Restaurant

Active

Last Updated: 06/01/2021

Details:

Cap Rate: 5%

NOI: $108,222

Building Size: 1,770 sqft

Lot Area: 0.62 acres

Lease Type: Absolute Net

Year Built: 2016

Price Per Sqft: $1,222.86

Roof & Structure: Tenant’s Responsibility

HVAC: Tenant’s Responsibility

Floor: Tenant’s Responsibility

Offered by

Adam Scherr

Agent

Sands Investment Group

Request Info to Unlock

Highlights:

Over 15 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
1% Annual Increases Including the Option Periods
Guaranteed By Top Franchisee Nationwide That Has About 285 Locations
K-MAC Enterprises, Inc. is the Primary Entity For the Franchisee; K-MAC is a Top 3 Taco Bell Operator With Over 294 Stores Under Management (271 of Which are Taco Bells)
30 QSR Concept – There Are Over 7,000 Taco Bells in 27 Countries With a Net Growth of Over 500 New Stores in 5 Countries
Digital Sales Increased By More Than $1 Billion For the Second Consecutive Quarter and Reached a Record of $4 Billion in 2020
The Average Household Income Exceeds $135,000 Within a 1-Mile Radius
Over 153,800 People Live Within a 5-Mile Radius
Located at the Intersection of South Memorial Drive and East 111 Street With Traffic Counts of 68,524 VPD
Nearby Tenants Include: Costco, Walmart Supercenter, Target, Lowe’s, Walgreens, Chick-fil-A, Panda Express, Starbucks, ALDI, Burger King and More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 1,770 SF Taco Bell Located at 7980 East 111th Street South in Bixby, OK. This Deal Includes 15 Years Remaining on an Absolute Triple Net (NNN) Lease Guaranteed By a Top Franchisee Nationwide.

In Cooperation With Commercial Oklahoma, Inc.
BoR: Matt Weiss – Lic. #176169