HEALTHY RENT-TO-SALES | CONSISTENT ANNUAL SALES GROWTH – Location is operating at a healthy 6.40% rent-to-sales ratio, additionally benefiting from consistent annual sales growth.
ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES – The current lease is Absolute NNN, which means the tenant is responsible for taxes, insurance, CAM, and maintenance making this investment completely passive and ideal for an out of state investor.
±11 YEARS REMAINING | LONG TERM INVESTMENT – There are approximately ±11 years remaining on the base term with Four, 5-year options to extend, providing a long-term passive investment.
ANNUAL RENT INCREASES | HEDGE AGAINST INFLATION – Lease benefits from annual rent increases of 1.25x the Increase in CPI Annually (Capped at 1.50%), providing a consistent hedge against inflation.
BELL GREAT LAKES, LLC (60+ UNIT GUARANTEE) | LARGEST OPERATOR IN THE COUNTRY – The lease is guaranteed by Bell Great Lakes, LLC (60+ Units), a subsidiary of Flynn Restaurant Group (2,900+ Total Units). Flynn is the largest franchisee operator in the country generating over $5 billion in annual revenue across 44 states.
TOP 5 RESTAURANT BRAND – Taco Bell is a leading restaurant brand, ranking as the 4th most popular restaurant chain nationwide, with sales exceeding $15 billion in 2023.
Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)