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Taco Bell 2300 Interstate Cir 2,004 SF Retail Building Mansfield, OH 44903 $3,495,488 CAD ($1,744.26 CAD/SF) 5.75% Cap Rate
Investment Highlights
- ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)
- 37 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 2024, proving their long term commitment to the location and market
- Strategically located off of I-71, which sees in excess of 52,000 vehicles daily
Executive Summary
Matt Wallace
License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Taco Bell was born and raised in California and has been around since 1962. They went from selling everyone’s favorite Crunchy Tacos on the West Coast to a global brand. They're not only the largest Mexican-inspired quick service brand (QSR) in the world, they’re also part of the biggest restaurant group in the world: Yum! Brands. Much of their fan love and authentic connection with their communities are rooted in being rebels with a cause. From ensuring they use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn’t been done before, they will continue to be inclusive, bold, challenge the status quo and push industry boundaries. They’re a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while they’re at it. They fuel their culture with real people who bring unique experiences. They inspire and enable their teams and the world to Live Más.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 056-92-238-98-001 | Improvements Assessment | $279,163 CAD |
| Land Assessment | $246,375 CAD | Total Assessment | $525,538 CAD |
Property Taxes
Presented by
Taco Bell | 2300 Interstate Cir
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