Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Taco Bell 169 S US Highway 17 2,720 SF 100% Leased Retail Building East Palatka, FL 32131 $3,574,680 CAD ($1,314.22 CAD/SF) 5.75% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease: 15-year absolute triple-net lease with approximately 10 years remaining on the primary term; tenant assumes full responsibility
  • Institutional-Grade Tenant: Occupied by Taco Bell, one of the nation’s leading quick-service restaurant (QSR) brands, operating over 8,200 locations
  • Structured Rent Increases: 10% rental escalations every five years, including during option periods, provide predictable and growing income streams.
  • Corporate Guarantee: Lease guaranteed by U.S. Leader Restaurants, Inc., a well-capitalized and experienced 19-unit Taco Bell franchisee
  • Modern Construction: Built in 2019, the property features Taco Bell’s current prototype design with drive-thru capabilities
  • Long-Term Income Security: Approximately ±10 years of remaining primary lease term with five (5) additional five-year renewal options

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
2,720 SF
Year Built
2019
Price
$3,574,680 CAD
Price Per SF
$1,314.22 CAD
Cap Rate
5.75%
NOI
$205,544 CAD
Percent Leased
100%
Building Height
1 Story

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-10-27-0000-069.0-001.0
Land Assessment
$644,295 CAD
Improvements Assessment
$2,393,466 CAD
Total Assessment
$3,037,762 CAD
  • Listing ID: 38322051

  • Date on Market: 2025-11-04

  • Last Updated:

  • Address: 169 S US Highway 17, East Palatka, FL 32131

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}