Brand New Taco Bell | 25-Year Abs NNN | 2-Miles from Robins Air Force Base (25,000 Employees)

Highlights:

• Brand New 2023 Construction (New Prototype Location)
• 20-Year Absolute NNN Corporate Ground Lease with 10% Rental Increases Every 5-Years
• Over 30,000 Vehicles Per Day on East Dixon Boulevard (I-74)
• Outparcel to The Cleveland Mall, a 361,000 SF Power Center Anchored by AMC, Marshalls, Belk, Dunham’s Sports, Burkes Outlet, Dollar Tree, Chick-Fil-A, McDonald’s and More
• Excellent Visibility & Frontage Along I-74 (East Dixon Blvd) - The Major Thoroughfare Going from Shelby to Downtown Charlotte
• Corporately Guaranteed Lease by Taco Bell (NYSE: YUM) w/ Over $5.5 Billion in Revenue & Market Cap of $33.65 Billion

Description:

The subject property is a newly constructed Taco Bell drive-thru located in Shelby (Charlotte), NC. The brand new 20-year absolute NNN ground lease is corporately guaranteed by Taco Bell Corporation (NYSE: YUM) and includes 10% rental increases every 5-years in the primary term and in the (4) five-year option periods. The property is strategically located directly in front of The Cleveland Mall, a 361,000 square foot power center anchored by AMC, Marshalls, Belk, Dunham’s Sports, Burkes Outlet, Dollar Tree, Chick-Fil-A, McDonald’s and More. The site benefits from its excellent visibility and frontage along the most heavily trafficked thoroughfare in Shelby (the I-74), which boasts over 30,000 vehicles per day. The I-74 (East Dixon Blvd) is the major thoroughfare going from Shelby to downtown Charlotte.

National retailers in the immediate vicinity include AMC, Marshalls, Belk, Dunham’s Sports, Burkes Outlet, Dollar Tree, Chick-Fil-A, McDonald’s, Denny’s, Kay Jewelers, Bojangles, Advance Auto Parts, Dollar General, Hobby Lobby, Big Lots, Verizon, and many more. This is an excellent opportunity for an investor to purchase a stable, long term corporately guaranteed investment with zero landlord responsibility.

Documents: