Taco Bell
350 South Federal Boulevard
Denver, CO 80219
| Price: |
$631,000 |
| CAP Rate: |
6.75% |
| Building Size: |
2,447 SF |
| Approx Lot Size: |
1.00 Acre(s) |
| Year Built: |
1996 |
Net Lease
Investment: |
Yes |
| Existing Debt: |
No |
| Property On Ground Lease: |
Yes |
| 1031 Exchanges Acceptable: |
Yes |
Property Features- Lease Type: Ground Lease
- Lease Term: Twenty (20) years
- Lease Commencement: February, 1996
- Lease Renewal Options: Four (4) Five (5) year options
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For more information contact:
Keith Sturm
(612) 332-6600
Upland Real Estate Group, Inc.
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Property Description
A division of fast-food behemoth YUM! Brands, Taco Bell is the #1 Mexican fast-food chain in the US, with more than 5,800 locations. The restaurants feature a wide range of Mexican-style menu items including tacos, burritos, gorditas, quesadillas, and nachos. Taco Bell units can be found operating as free-standing units and as quick-service kiosks in such places as shopping malls and airports. Taco Bell also has about 240 locations outside the US. About 20% of the restaurants are company-operated, while the rest are franchised or licensed.
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