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

847 Miller Valley Road, Prescott, AZ, 86301
847 Miller Valley Road, Prescott, AZ, 86301
Property Type:
Single Tenant Retail (NNN)
Cap Rate:
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).

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Map of 847 Miller Valley Road, Prescott, AZ, 86301

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.