Asking Price
Sq. Footage
NOI Net Operating Income
Cap Rate

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Attributes

Year Built 1995
Lease Type NNN
Current / Passing Rent
Lease Expiration 2040-02-28
Remaining Term 20 years
Tenant AgBell

Property Description

Taco Bell location for sale, a fee-simple interest property located in Cincinnati, home to over 2 million people. Taco Bell is an industry leader in the QSR sector, with over 7,072 restaurants throughout the world. AgBell is the operator and operates 37 other Taco Bell locations throughout the Cincinnati area. Investors have the rare opportunity to acquire a property in one of Ohio's most active retail markets with a reliable tenant that is backed by a parent that manages a portfolio of real estate valued at over one billion dollars. Cincinnati is home to more Fortune 500 companies per capita than New York, Los Angeles and Chicago. Property is in a growing and developing neighborhood, with significant retail developments.

Investment Highlights

  • Fee simple interest
  • 20-year lease with 10% rental increases every 5 years
  • Five 5-year renewal option periods
  • Zero landlord responsibilities
  • Taco Bell has outperformed the QSR industry in revenue growth nearly every year from 2013 to 2018
  • Backed by AGBell, the parent company of Taco Bell that manages a portfolio of real estate valued at over $1 billion


Nicholas Kanich
Nicholas Kanich
SVP, Capital Markets
Licensed in
IL - 475147401
Rusty Myers
Rusty Myers
President

JLL  financing

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