169 S US Highway 17
East Palatka, FL 32131
Taco Bell · Retail Property For Sale

Discover a high-quality, passive net-lease investment backed by a nationally recognized quick-service restaurant brand. This Taco Bell, built in 2019, is situated along U.S. Highway 17, one of the region’s primary north–south corridors, offering exceptional visibility, strong traffic counts, and seamless access for both local residents and commuters. Positioned within a robust retail trade corridor anchored by Walmart, Publix, Tractor Supply Co., and other national tenants, the property benefits from consistent daily activity and a stable consumer base extending throughout Putnam County.
The asset is secured under an absolute NNN lease, leaving the landlord with zero maintenance responsibility, as the tenant covers all expenses including roof, structure, taxes, insurance, and CAM. Approximately 10 years remain on the primary term of the original 15-year lease, complemented by five 5-year renewal options, each featuring structured 10% rent increases. This long-term income profile, paired with predictable escalations, offers investors a reliable and growing cash flow trajectory.
The lease is corporately guaranteed by U.S. Leader Restaurants, Inc., an experienced and well-capitalized Taco Bell franchisee operating 19 locations. Taco Bell, part of Yum! Brands, operates more than 8,200 stores worldwide and maintains strong brand equity, high customer engagement, and a resilient, franchise-driven operating model.
East Palatka’s strategic positioning just minutes from Palatka and within reach of the St. Augustine and Jacksonville MSAs enhances the tenant’s long-term performance outlook. Surrounded by a blend of residential neighborhoods, retail services, and regional commuter routes, this location offers both stability and steady population flow in a semi-rural but connected environment.