Taco Bell | Absolute NNN

Highlights:

• Absolute NNN Fee Simple Ownership – Depreciable Asset with Zero Landlord Responsibilities
• Long-Term Lease with Near-Term Rent Increase - Over 16 years of remaining lease term with a 8% rent increase in November 2026.
• High-Performing Operator Backed by Strong Franchisee - Guaranteed by Royal City Bell, LLC (70+ units), a subsidiary of Diversified Restaurant Group (300+ Restaurants)
• Strategic Kansas City MSA Location - Located at the signalized intersection of US Highway 24 (±26,000 VPD) and S Sterling Ave (±8,600 VPD), the asset benefits from excellent visibility, strong traffic counts, and convenient ingress/egress.
• Modern Construction with Drive-Thru Format - Built in 2021, the ±2,061 SF building sits on a ±0.85-acre lot and features the Taco Bell “Go Mobile” prototype with dual drive-thru lanes, enhancing operational efficiency and customer convenience.
• Surrounded by National Retailers - Positioned among strong national retailers such as McDonald’s, O’Reilly Auto Parts, Domino’s Pizza, Central Bank, Subway, and Family Dollar.
• Dense Residential Base - The immediate area includes 9 schools within a 3-mile radius, supporting daily traffic and stable consumer demand.
• Desirable Market Dynamics in Growing Submarkets - Sugar Creek is part of the Kansas City MSA, one of the Midwest’s fastest-growing metros.

Description:

Matthews Real Estate is pleased to present the opportunity to acquire a Taco Bell located at 11120 US-24, Sugar Creek, MO 11120 (Kansas City, MSA). Royal City Bell, LLC (70+ units) has 16+ years remaining on their lease which expires in November 2041. The lease features 8% rental increases every 5 years and includes 4, 5-year options. There are zero landlord responsibilities, and the lease is guaranteed by Royal City Bell, LLC that operates 70+ units and is a subsidiary of Riverside Restaurant Group which owns over 300 restaurants Taco Bell and Arby’s across the country.

This ±2,061-square-foot building sits on a ±0.85-acre parcel and was constructed in 2021. It is located along the intersection of US Highway 24 (±26,300 VPD) and S Sterling Ave (±8,600 VPD), surrounded by other national tenants such as McDonald’s, O’Reilly Auto Parts, Central Bank, Domino’s Pizza, and Family Dollar. The surrounding area features a strong mix of retail services and residential neighborhoods that includes 9 schools within a 3-mile radius.

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