Taco Bell

Centre, Alabama

NNN Pro is pleased to present the exclusive listing for a Taco Bell located at
1545 Clarence E Chestnut Jr Bypass, Centre, AL 35960. The site consists of
roughly 1,726 rentable square feet of building space on an estimated 0.57-
acre parcel of land. This Taco Bell is subject to a 20 Years-year Triple Net
(NNN) lease which will commence upon close of escrow. The annual rent
will be $129,975 and has scheduled increases of 1.50% Annually.

INVESTMENT HIGHL IGHTS

Brand New 20-Year Absolute Triple Net (NNN)

1.50% Annual Rental Increases

Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years

Key Details

Price:: $2,260,435
Cap Rate:: 5.75%
Annual Rent:: $129,975
Address:: 1545 Clarence E Chestnut Jr. Bypass, Centre, Alabama 35960
Lease Type:: Triple Net (NNN)

Original Lease Term:: 20 Years
Lease Commencement:: Upon COE
Lease Expiration:: 20 Years from COE
Rental Increases:: 1.50% Annually
Lot Size:: .57 Acres
Building Size:: 1,726 SF
Year Built:: 2015
Tenant:: Taco Bell

Talk to the pros

Glen Kunofsky

gkunofsky@nnnpro.com

License: 49KU1129178

Alexandre Marietto

amarietto@nnnpro.com

License: 10401294047

Amelia Haydock

ahaydock@nnnpro.com

License: 10401334976

Andrew Darby

adarby@nnnpro.com

Broker of record

Brian Brockman

Bang Realty-Alabama, Inc

License: 119315

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