This listing is under contract.
For Sale: Taco Bell Prescott, AZ | Rare 20 Year Absolute NNN Lease | 297 Unit Franchisee
847 Miller Valley Road
Prescott, AZ 86301
UNDER CONTRACT FOR SALE NNN Property
Property Type:Single Tenant Retail (NNN)
Last Verified:Jul 11, 2019
- A rare brand-new 20-year single-tenant absolute triple-net (NNN) Taco Bell investment opportunity with attractive 7.5% rental increases every five (5) years.
- The tenant, Desert De Oro Foods is the largest Taco Bell Franchisee in the Southwest with ±297 restaurants in 7 states.
- This location will be remodeled in 2020 and will feature Taco Bell’s brand-new prototype.
- Major national tenants nearby including Fry’s Grocery (Kroger), Safeway, Walmart Supercenter, Wells Fargo Bank, Chase Bank, Bank of America, CVS Pharmacy, McDonald’s, KFC, Carl’s Jr, among many others.
- Strong employment corridor including ±32,080 daytime employees and an average household income of $72,188 within a five-mile radius, with a projected $87,744 average household income in the next five years (Source: Esri).