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Taco Bell

Attalla, Alabama

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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

License: 49KU1129178

Alexandre Marietto

License: 10401294047

Amelia Haydock

License: 10401334976

Andrew Darby

Broker of record

Brian Brockman

Bang Realty-Alabama, Inc

License: 119315


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