Taco Bell NNN Property For Sale — Mobile, AL
3843 Airport Blvd, Mobile, AL 36608
''This Absolute NNN Taco Bell offers investors a stable, long-term opportunity with approximately 10 years remaining on the base lease term and three additional 5-year renewal options. The lease features 1% annual rental increases, providing a consistent hedge against inflation. Taco Bell recently demonstrated its commitment to this location by exercising an early 5-year lease extension and undertaking renovations. The property benefits from a rare double corporate guaranty, backed by both the previous operator, Southeast QSR LLC, and the current operator, B&G Food Enterprises, LLC, one of the largest and fastest-growing Taco Bell franchisees with over 215 locations.''
- Address: 3843 Airport Blvd, Mobile, AL 36608
- Asking price $3.68M
- 5.20% cap rate
- NOI $191,612
- 10 years remaining
- NNN lease
- Year built: 2011
- Building size: 2,816 SF
- Lot size: 0.98 acres
- Rent increases: 1% annual
- Guarantor: Corporate
Location
This Taco Bell property is at 3843 Airport Blvd in Mobile, Alabama.
Asset type: NNN