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Investment Highlights

  • New 20-Year Absolute NNN Ground Lease
  • Strong Guaranty (96+ Locations), a Wholly-Owned Subsidiary of the Flynn Group
  • Average Unit-Level Sales of $2.2+ Million for Taco Bell, Equates to 3% Rent-to-Sales Ratio at This Location
  • 10% Rental Increases Every 5 Years Throughout Base Term and Options
  • Flynn Group is the World’s Largest Franchisee Operator of Restaurants and 3rd Largest Taco Bell Franchisee
  • Significant Capital Investment by Tenant to Build Modern Taco Bell Prototype Design

Property Facts

Sale Type
Investment NNN
Sale Conditions
Ground Lease (Leased Fee)
Property Type
Retail
Building Size
2,274 SF
Year Built
2025
Price
$1,722,417 CAD
Price Per SF
$757.44 CAD
Cap Rate
5.25%
NOI
$90,434 CAD
Percent Leased
100%
Building Height
1 Story
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 40045975

  • Date on Market: 2026-04-06

  • Last Updated:

  • Address: 1504 Wilkins way, Mitchell, IN 47446

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