x
By submitting, you're allowing YAFC Team to email you regarding available listings. You can unsubscribe anytime.

x

Taco Bell, Enterprise, AL

Taco Bell

Price $2,377,000
Cap Rate 5.25%
NOI $124,780
Lease Term 16 Years
Lease Type Absolute NNN, with tenant responsible for all taxes, insurance, and maintenance, including roof, structure, and parking lot
Rental Increases 1% Annual Rental Increases
Year Built Major remodel in October 2015
Building Size 2,075 SF
Lot Size 0.80 acre (34,848 SF)
Status Available
Lead Broker Information Michael T. Yuras, CCIM
Cushman & Wakefield
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Scott Crowle
Senior Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Ryan Forsyth
Cushman & Wakefield
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Vincent Aicale
Cushman & Wakefield
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Investment Highlights

LONG-TERM ABSOLUTE NNN LEASE
» 16-year NNN lease with absolutely no landlord management, providing an ideal investment for an out-of-area investor
» Operated by Taco Bell’s largest franchisee, with over 350 units
» Rare annual rental increases, providing an excellent hedge against inflation

HIGH-TRAFFIC LOCATION IN DENSE RETAIL CORRIDOR
» Excellent visibility and access to 25,470 vehicles per day directly in front of the property on Boll Weevil Circle, Enterprise’s primary retail corridor
» Outparcel to a Walmart Supercenter-anchored retail plaza, which is also tenanted by Murphy USA, GameStop, and Sally Beauty
» Directly adjacent to Enterprise Shopping Center, tenanted by JCPenney, Big Lots, T.J. Maxx, Cato, Hibbett Sports, Burkes Outlet, and Cricket Wireless
» Near Westgate Center, a shopping plaza featuring notable retailers like Piggly Wiggly, Sears Hometown Store, Fred’s, Beef ‘O’ Brady’s, Verizon, Ruby Tuesday, Rent-A-Center, Regions Bank, and many others
» Within walking distance of shopping centers anchored by Publix and Harbor Freight Tools

PRIME CENTRAL LOCATION
» Less than two miles from downtown Enterprise and Enterprise State Community College, which has 2,333 students at its main Enterprise campus
» Just over one mile from Hillcrest Elementary School (814 students) and just over two miles from Enterprise High School (2,162 students)
» Minutes from Fort Rucker, which serves as an economic hub for the surrounding region
LONG-TERM ABSOLUTE NNN LEASE
» 16-year NNN lease with absolutely no landlord management, providing an ideal
investment for an out-of-area investor
» Operated by Taco Bell’s largest franchisee, with over 350 units
» Rare annual rental increases, providing an excellent hedge against inflation
HIGH-TRAFFIC LOCATION IN DENSE RETAIL CORRIDOR
» Excellent visibility and access to 25,470 vehicles per day directly in front of the
property on Boll Weevil Circle, Enterprise’s primary retail corridor
» Outparcel to a Walmart Supercenter-anchored retail plaza, which is also
tenanted by Murphy USA, GameStop, and Sally Beauty
» Directly adjacent to Enterprise Shopping Center, tenanted by JCPenney, Big Lots,
T.J. Maxx, Cato, Hibbett Sports, Burkes Outlet, and Cricket Wireless
» Near Westgate Center, a shopping plaza featuring notable retailers like Piggly
Wiggly, Sears Hometown Store, Fred’s, Beef ‘O’ Brady’s, Verizon, Ruby Tuesday,
Rent-A-Center, Regions Bank, and many others
» Within walking distance of shopping centers anchored by Publix and Harbor
Freight Tools
PRIME CENTRAL LOCATION
» Less than two miles from downtown Enterprise and Enterprise State Community
College, which has 2,333 students at its main Enterprise campus
» Just over one mile from Hillcrest Elementary School (814 students) and just over
two miles from Enterprise High School (2,162 students)
» Minutes from Fort Rucker, which serves as an economic hub for the surrounding
region


Property Description

The property is conveniently located on Boll Weevil Circle, Enterprise’s primary retail corridor, with excellent visibility and access to 25,470 vehicles per day directly in front of the property. The property is outparcel to a Walmart Supercenter-anchored retail plaza, which is also tenanted by Murphy USA, GameStop, and Sally Beauty. Additionally, the property is directly adjacent to Enterprise Shopping Center, tenanted by JCPenney, Big Lots, T.J. Maxx, Cato, Hibbett Sports, Burkes Outlet, and Cricket Wireless. Across from Enterprise Shopping Center is Westgate Center, a shopping plaza featuring notable retailers like Piggly Wiggly, Sears Hometown Store, Fred’s, Beef ‘O’ Brady’s, Verizon, Ruby Tuesday, Rent-A-Center, Regions Bank, and many others. The property is also within walking distance of shopping centers anchored by Publix and Harbor Freight Tools. Other major retailers in the nearby area include Walgreens, Office Depot, Dollar General, Planet Fitness, McDonald’s, Sonic, Rite Aid, and several car dealerships.

The property is centrally located less than two miles from downtown Enterprise and Enterprise State Community College, which has 2,333 students at its main Enterprise campus. The property is also just over one mile from Hillcrest Elementary School (814 students) and just over two miles from Enterprise High School (2,162 students). Additionally, the property is approximately six miles from Fort Rucker, which serves as an economic hub for the surrounding region.

Contact Us About This Property

JOIN OUR
EMAIL LIST
SUBSCRIBE
Receive Our Latest Single and Multi-Tenant Listings
close-link