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Taco Bell

1509 East Walnut Street, Paris, AR, USA
$895,145 7.25% Cap 2,863 sq ft Representative Photo Print This Page

Location

1509 East Walnut Street, Paris, AR, USA

Price: $895,145
CAP Rate: 7.25%
2020 Net Operating Income: $64,898
Square-Footage: 2,863
Year Built: 1998

100% Fee Simple InterestAbsolute NNN LeaseAnnual IncreasesCorporate GuaranteeSurrounded by Major RetailersZero Landlord Obligations

The subject offering is a Taco Bell restaurant, operated K-MAC, the third largest operator of Taco Bell and KFC quick-service restaurants. The property is subject to a NNN lease and four 5 year options to renew. Rent increases 1% annually, and adjusts to fair-market-value at each option. The lease calls for zero landlord obligations. Store sales have been steadily increasing over the last three years and the store reports a healthy rent to sales ratio of 8.6%.

Paris is a city in Logan County, Arkansas, and serves as the county seat for the northern district of Logan County; its southern district counterpart is Booneville. The population was 3,532 at the 2010 United States Census.

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presented by

Jacob Abusharkh Managing Principal View profile
Kase Abusharkh Founding Principal View profile

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