Property Features
- Price per Sq.ft: $825.88
- Sqr.Ft of Land : 45738
- Sqr.Ft : 5734
- APN/Parcel ID: 022-020-002
- Lease Type: NNN
- Year Built: 2012
- Land Area: 45738
- Zoning: Highway Service
- Highlights: Cap Rate 4.75 % NOI $224,940 Lease Type Absolute NNN Remaining Term 20.8 & 17.1 Years Growth 10% Every 5 Years (Includes Options) TRAFFIC COUNTS = 62,000
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Description & Highlights
Vars Real Estate is proud to present this Taco Bell investment sale which is a great opportunity to own NNN retail for sale California. Don’t miss out on these absolute NNN (zero landlord responsibility) opportunities. Remaining initial terms are 20.8 & 17.1 Years with 2, 5 year options & 1, 4 year for both properties. Rent growth is 10% every 5 years, includes options.
The Livingston Taco Bell is located in a retail development off of Highway 99. Over 62,000 cars pass by this location from the highway each day. The restaurant rests on a large 1.05 acre lot boasting a 45 car parking lot and a long sweeping drive through. The Net Operating Income (NOI) is $104,940.00 per year.
LEGACY BRAND
Taco Bell is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of Yum! Brands, Inc., which serves American-adapted Mexican food. Taco Bell serves tacos, burritos, quesadillas, nachos, other specialty items, and a variety of “Value Menu” items. Taco Bell serves more than 2 billion consumers each year in more than 5,800 restaurants in the U.S., more than 80 percent of which are owned and operated by independent franchisees.
STRONG FRANCHISE OPERATOR
Pacific Bells owns over 215 Taco Bells spanning eight states. Pacific Bells’ mission is “to be a family of great people serving great food to people of the world.” They believe in giving their guests tremendous value, the highest quality and unsurpassed service.
NNN RETAIL FOR SALE CALIFORNIA – LOCATIONS
The Livingston Taco Bell has a large lot with 45,738 square feet of land and 3,193 square foot building. The parcel is zoned for Highway Service and the modern Taco Bell building with drive thru was built in 2012.
The Fresno Taco Bell is located at the intersection of Fowler and Shields with daily traffic counts exceeding 25,000. This property is located on a meticulously landscaped lot with 45 parking stalls and a long sweeping drive through. This location is close to the Fresno Yosemite International airport, Clovis East High School and 3 elementary schools.
Exclusively Marketed by:
Jake Olson
(209) 595-1112
Lic: 02070548
jake@varsrealestate.com
