Taco Bell

Toledo, Ohio is the anchor of the Toledo Metropolitan Statistical Area, which includes Lucas, Wood, and Ottawa Counties and serves a population of approximately 600,000+ residents. The metro benefits from its strategic location at the crossroads of Interstate 75 and the Ohio Turnpike (I-80/I-90), providing direct access to Detroit, Cleveland, Chicago, and Indianapolis. This positioning has made Toledo a key distribution and logistics hub within the Midwest. The regional economy is well diversified, with strong representation across manufacturing, healthcare, education, and logistics. Toledo remains a major player in advanced manufacturing, particularly in the automotive and glass industries, supported by companies such as Stellantis and Owens Corning. Healthcare is a dominant and growing sector, led by ProMedica Health System, one of the largest employers in the region. The University of Toledo further strengthens the market through education, research, and a consistent pipeline of workforce talent. The Toledo metro has demonstrated resilience and stability, supported by a low cost of living, affordable housing, and steady demand from both residents and businesses. The area continues to attract investment due to its strong yield profile compared to primary markets, making it particularly appealing to private capital and 1031 exchange buyers. Retail fundamentals across the metro remain stable, with limited new supply and consistent demand for well-located assets. High-traffic corridors and established retail nodes continue to perform well, especially for national tenants and quick-service restaurants. The combination of strong infrastructure, a diverse economic base, and regional connectivity supports long-term retail viability. Overall, the Toledo MSA offers a durable and accessible Midwest investment market with solid economic drivers, strong transportation linkages, and continued demand for retail assets, positioning it as a reliable location for long-term investment.Absolute NNN Lease - Zero Landlord Responsibilities, Providing Passive Ownership with No Management Obligations Long-Term Lease Structure with Approximately 8+ Years Remaining and Four (4) Five-Year Renewal Options Built-In Rent Growth with 1.5% Annual Increases, Offering Consistent NOI Growth and Inflation Hedge Drive-Thru Equipped Taco Bell, Positioned in the High-Demand Quick-Service Restaurant Segment with Strong Daily Traffic and Consumer Demand Strategically Located at 1422 Broadway Street in Toledo, Ohio, Along a High-Traffic Commercial Corridor with Strong Visibility and Accessibility Dense Infill Location with Established Surrounding Retail and Residential Base Supporting Consistent Sales Performance National Tenant - Taco Bell, One of the Largest QSR Brands in the World with Thousands of Locations and Strong Brand Recognition Operated by Charter Foods North, LLC, an Affiliate of Charter Foods, a Large Regional Franchisee Operating 200+ Locations Across Multiple States Experienced Franchise Operator with a Diversified Portfolio of Taco Bell, KFC, and Other Yum! Brands Concepts Property Benefits from Strong Regional Connectivity and Proximity to Major Thoroughfares, Supporting Long-Term Viability and Tenant Performance