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Taco Bell 15924 State Route 170 2,252 SF Retail Building East Liverpool, OH 43920 $4,871,598 CAD ($2,163.23 CAD/SF) 6.10% Cap Rate
Investment Highlights
- ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)
- 35 year operating history with extremely strong sales (contact agent for details)
- Annual rent escalations of 1.5% support steady organic income growth
- ±8.25 years of remaining lease term, with four (4), five-year renewal options
- Taco Bell signed a brand new 20-year lease in 2014 and remodeled the location in 2021, proving their long term commitment to the location and market
- Nearby national tenants include Autozone, Wendy’s, Tractor Supply Company, Aldi, Walmart Supercenter, and many more
Executive Summary
Broker of Record
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,252 SF
Building Class
B
Year Built/Renovated
1991/2021
Price
$4,871,598 CAD
Price Per SF
$2,163.23 CAD
Cap Rate
6.10%
NOI
$297,167 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.73 AC
Parking
20 Spaces (9.52 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6101126001 | Improvements Assessment | $98,834 CAD |
| Land Assessment | $87,643 CAD | Total Assessment | $186,477 CAD |
Property Taxes
Parcel Number
6101126001
Land Assessment
$87,643 CAD
Improvements Assessment
$98,834 CAD
Total Assessment
$186,477 CAD
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Taco Bell | 15924 State Route 170
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