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Investment Highlights

  • New 25-year absolute NNN lease to Taco Bell, the world’s largest Mexican-inspired restaurant chain.
  • Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment
  • Taco Bell serves over two billion customers each year.
  • Annual 1% rent increases deliver steady growth through the initial term and six (6) five-year options.
  • Lease to Tacala LLC, one of Taco Bell’s largest operators.
  • In 2024, Taco Bell experienced strong growth, including a milestone $1 billion in profit and significant increases in both U.S. & international sales.

Executive Summary

This Taco Bell is ideally positioned along 6th Avenue Southeast, offering high visibility and accessibility with traffic counts exceeding 30,000 vehicles per day. The property benefits from its location near the confluence of U.S. Route 31 and State Route 67, which together carry over 56,000 vehicles daily, driving strong commuter traffic. Surrounded by major national and local retailers such as Walmart Supercenter, Target, Kroger, and Chick-fil-A, the site is embedded within one of Decatur’s primary retail corridors. The asset is backed by a strong tenant, with Taco Bell achieving over $1 billion in profit in 2024 and continued growth both domestically and internationally. The absolute NNN lease structure provides a passive investment with no landlord responsibilities, while projected population and income growth in the surrounding trade area support long-term stability and continued demand.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,600 SF
Building Class
B
Year Built
2026
Price
$4,844,611 CAD
Price Per SF
$1,863.31 CAD
Cap Rate
5.25%
NOI
$254,342 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.38 AC
Zoning
B-2 - General Commercial
Parking
25 Spaces (9.62 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Drive Thru
  • Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

Waffle House
United Rentals
Texas Roadhouse
Olive Garden
Renasant Bank
PNC Bank
Starbucks
Kroger
Bank Independent
Regions Bank

Property Taxes

Property Taxes

Parcel Number
03-09-32-1-004-016.000
Land Assessment
$38,027 CAD
Improvements Assessment
$41,980 CAD
Total Assessment
$80,007 CAD
  • Listing ID: 39854576

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: 2142 6th Ave SE, Decatur, AL 35601

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