Taco Bell

Overview

Highlights

• Exciting Investment Opportunity in a single tenant Taco Bell leased property
• Absolute NNN lease
• Six years remaining as of 5/1/2023 plus 4x5 year options
• 1% annual rent escalations
• Lease is guaranteed by K-MAC Enterprises, the second largest Taco Bell Franchisee in the US, with over 290 locations
• With frontage on busy Interstate 40 in Shawnee, OK, and over 17,000 Vehicles per day, this asset enjoys high visibility and access,
• only 36 miles to Oklahoma City and 87 miles to Tulsa, OK.
• ,The property sits in the midst of a bustling and very busy retail corridor surrounded by the Shawnee Mall and many national
• retailers including a Walmart Supercenter, Lowe's Home Improvement, Starbucks, Hobby Lobby, Qdoba, Chick Fil-A, Aldi,
• Harbor Freight Tools, and more

Description

Introducing an exciting investment opportunity at 4837 North Kickapoo Avenue, Shawnee, OK 74804. We present to you a single tenant Taco Bell leased property, offering a prime location and an attractive ROI. With a sale price of $2,591,702 and a cap rate of 6.25%, this property is a promising addition to any investment portfolio. Featuring a spacious 2,053 square foot building situated on a generous 30,492 square foot lot, this Taco Bell location offers a solid investment potential. The lease is absolute NNN and has six years remaining as of 5/1/2023, with the option to extend for an additional four terms of five years each. The property generates a net operating income of $161,981. Notably, the lease is guaranteed by the second largest Taco Bell Franchisee in the US, boasting over 290 locations. Positioned as an outparcel to national retailers and on busy Interstate 40 in Shawnee, OK, this property is conveniently located only 36 miles from Oklahoma City and 87 miles from Tulsa. Situated within a bustling retail corridor, anchored by the Shawnee Mall, this Taco Bell property promises high visibility and steady foot traffic. Don't miss out on this exceptional investment opportunity. Contact us now for more information.

Location

This Taco Bell located at 4837 N Kickapoo Ave in Shawnee, OK is only 36 miles from Oklahoma city and 87 miles from Tulsa, OK. It enjoys a uniquely coveted postion at the intersection of highways 48 and 18, surrounded by the Shawnee Mall and national brand retailers including Aldi, Walmart Supercenter, Lowe's Home Improvement, McDonald's, Starbucks, Harbor Freight Tools, Chick-Fil-A, Shclotzky's, and more.

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