Taco Bell

Attalla, Alabama

NNN Pro is pleased to present the exclusive listing for a Taco Bell located at
519 Cleveland Ave, Attalla, AL 35954. The site consists of roughly 2,358
rentable square feet of building space on an estimated 0.5-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 $126,196
and has scheduled increases of 1.50% Annually.

Investment Highlights:

Brand New 20-Year Absolute Triple Net (NNN) | Lease to be Signed at Closing
Attractive Rental Increases | 1.50% Annual Rental Increases
Fee Simple Ownership | Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years

Key Details

Price:: $2,294,473
Cap Rate:: 5.50%
Annual Rent:: $126,196
Address:: 519 Cleveland Ave, Attalla, Alabama 35954
Property Type:: Restaurant - Quick Service
Lease Type:: Triple Net (NNN)

Original Lease Term:: 20 Years
Lease Commencement:: Upon COE
Lease Expiration:: 20 Years from COE
Lease Term Remaining:: 20 Years
Rental Increases:: 1.50% Annually
Lot Size:: 0.50 Acres
Building Size:: 2,358 SF
Year Built:: 2011
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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