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Taco Bell | 13yrs Remain Abs NNN w/ Incrs 6800 Bardstown Rd 2,136 SF Retail Building Louisville, KY 40291 $4,159,842 CAD ($1,947.49 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Nearly 13 Years Remaining | Options To Extend | Scheduled 10% Rental Increases | Strong Franchisee
- Cedar Springs Shopping Center (2.1M Annual Visitors) | Dense Growing Retail Corridor
- Strong Demographics In 5-Mile Trade Area
- Absolute NNN Lease Structure | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Regional Connectivity
EXECUTIVE SUMMARY
• The lease includes four (4) additional five-year renewal options and 10% rent increases every five years, providing steady NOI growth and a built-in hedge against inflation
• The tenant, ABTB Louisville, LLC, is a proven franchisee with a strong operational track record and a portfolio of 44+ units under management
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Accommodation and Food Services
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99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
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 TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 063802720000 | Improvements Assessment | $533,483 CAD |
| Land Assessment | $1,144,465 CAD | Total Assessment | $1,677,948 CAD |
PROPERTY TAXES
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Taco Bell | 13yrs Remain Abs NNN w/ Incrs | 6800 Bardstown Rd
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