Taco Bell NNN Properties for Sale

Live Taco Bell listings

26 active Taco Bell listings as of October 23, 2026.

Taco Bell market snapshot

Live Taco Bell listings, as of October 23, 2026
MetricValue
Active listings26
Average asking price$2.95M
Median asking price$2.23M
Average asking cap rate5.81%
Median asking cap rate5.64%
Median remaining lease term14.2 years

Taco Bell cap rates by band

Live Taco Bell listings by asking cap rate, as of October 23, 2026
Cap rate bandListingsAverage asking price
Under 5.00%1$2.66M
5.00% – 5.99%17$3.48M
6.00% – 6.99%6$1.99M
7.00% – 7.99%1$1.71M
8.00% and above1$1.17M

Taco Bell listings by state

Live Taco Bell listings by state, as of October 23, 2026
StateListingsAverage cap rate
Alabama46.54%
Florida35.98%
Missouri36.03%
New York35.68%
Ohio35.95%
California24.78%
Illinois25.54%
Arizona15.05%
Oklahoma15.00%
Tennessee15.00%
Virginia15.50%
West Virginia17.00%
Wisconsin15.75%

Taco Bell remaining lease term

Live Taco Bell listings by remaining primary term, as of October 23, 2026
Remaining termListingsAverage cap rate
Under 5 years28.32%
5 – 9.9 years65.58%
10 – 14.9 years55.65%
15+ years135.59%

Buying Taco Bell in a 1031 exchange

In a 1031 exchange, replacement property must be identified within 45 days of selling the relinquished property and the purchase must close within 180 days. A qualified intermediary holds the sale proceeds in between. Speak with your own tax adviser about your situation.

18 of the 26 live Taco Bell listings have 10 or more years of primary lease term remaining (as of October 23, 2026).

Taco Bell due-diligence checklist

  • Read the full lease: confirm the firm term, renewal options, rent schedule and every landlord responsibility.
  • Confirm who guarantees the lease (corporate, franchisee or personal) and review the guarantor’s financial statements where available.
  • Order tenant estoppel and SNDA documents before closing.
  • Review the title commitment, survey and zoning report for the parcel.
  • Commission a Phase I environmental site assessment.
  • Inspect the roof, structure, parking lot and HVAC, and confirm any warranties.
  • Verify property tax, insurance and CAM reimbursements against the lease.
  • Review store-level sales or rent-to-sales data if the tenant reports it.

Taco Bell net lease FAQ

How many Taco Bell net lease properties are for sale?

Net Lease World shows 26 live Taco Bell listings as of October 23, 2026.

What cap rates are Taco Bell properties listed at?

Live Taco Bell listings with a published cap rate range from 4.05% to 10.00%, with a median of 5.64% (as of October 23, 2026). These are asking cap rates, not closed sales.

What is the typical asking price for a Taco Bell property?

The median asking price across live Taco Bell listings with a published price is $2.23M (as of October 23, 2026).

Which states have the most Taco Bell listings?

Alabama (4), Florida (3), Missouri (3). Listings appear in 13 states in total (as of October 23, 2026).

How much lease term is left on Taco Bell listings?

The median remaining primary lease term is 14.2 years; 18 listings have 10 or more years remaining (as of October 23, 2026).

Can I buy Taco Bell properties in a 1031 exchange?

Generally yes, if both the property you sell and the one you buy are held for investment or business use. You must identify replacement property within 45 days of your sale and close within 180 days, with a Qualified Intermediary holding the proceeds. Confirm the details with your tax adviser.

What does NNN mean on these listings?

In a triple net (NNN) lease the tenant pays real estate taxes, building insurance and maintenance on top of rent. Some NNN leases still leave the roof, structure or parking lot with the landlord, so read each lease before you buy.

How do I get the offering memorandum?

Open a listing and choose Request OM. A free Net Lease World account is required to receive offering memoranda.

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