Taco Bell NNN Property For Sale — Bluefield, VA
College Avenue, Bluefield, VA
This Taco Bell property presents an attractive absolute triple net lease investment opportunity in Bluefield, Virginia. The lease features approximately 15 years remaining in the primary term with annual rental escalations. The tenant, Charter Foods Central LLC, operates over 200 locations throughout the South and Northeast regions of the United States. The property is strategically located along College Avenue and immediately off of Highway 460, benefiting from strong traffic counts. It is an outparcel to a Walmart Supercenter and surrounded by other major retailers, with additional traffic drivers including Bluefield College and local schools.
- Address: College Avenue, Bluefield, VA
- Asking price $2.55M
- 5.50% cap rate
- NOI $140,117
- 8.6 years remaining
- NNN lease
- Year built: 2012
- Building size: 3,107 SF
- Lot size: 0.77 acres
- Lease expiration: Mar 31, 2035
- Rent increases: 1.5% annually
- Guarantor: Corporate
Location
This Taco Bell property is at College Avenue in Bluefield, Virginia.
Asset type: QSR