Taco Bell NNN Property For Sale — Bixby, OK
7980 East 111th Street, Bixby, OK 74008
This offering features a 1,770 SF Taco Bell facility in Bixby, OK, subject to an absolute triple net (NNN) lease with over 15 years remaining. The lease is guaranteed by a leading franchisee, K-MAC Enterprises, Inc., which operates approximately 285 locations, including 271 Taco Bells, making them a top-three Taco Bell operator. The property boasts strong financials, with 1% annual rent increases throughout the initial term and option periods. Taco Bell, a prominent quick-service restaurant concept, benefits from significant digital sales growth, with over $4 billion recorded in 2020. The location is strategically positioned at the intersection of South Memorial Drive and East 111th Street, experiencing high traffic counts of 68,524 VPD. Demographics are robust, with an average household…
- Address: 7980 East 111th Street, Bixby, OK 74008
- Asking price $2.16M
- 5.00% cap rate
- NOI $108,222
- 15 years remaining
- NNN lease
- Year built: 2016
- Building size: 1,770 SF
- Lot size: 0.62 acres
- Rent increases: 1% annual increases
- Guarantor: Corporate
Location
This Taco Bell property is at 7980 East 111th Street in Bixby, Oklahoma.
Asset type: Retail, Restaurant