Taco Bell | Single Tenant Absolute NNN Lease

The Snyder Carlton National Net Lease Team is pleased to present an opportunity to acquire an absolute NNN lease drive-thru asset occupied by Taco Bell in Dallas, TX operated by one of the largest Taco Bell Franchisees. K-MAC Enterprises operates over 320 Taco Bell locations with several dozen more in the development pipeline and aspirations to become the largest Taco Bell franchisee in the system. Taco Bell, owned by Yum! Brands (NYSE: YUM), is the largest Mexican inspired quick service restaurant chain in the county with over 7,800 locations nationally and operating history extending back to 1962.

With an absolute NNN lease that has over 5 years remaining in the primary term, four 5-year option periods, 1% annual increases and zero landlord responsibilities, this asset is ideal for a 1031 exchange or an investor seeking passive income. The subject property recently underwent renovations exhibiting the strength and longevity of this location. The 3,070 SF Taco Bell with drivethru on 0.79-acre parcel is strategically positioned on S Lancaster Road (28,000 VPD), is adjacent to Interstate 20 (163,056 VPD), and is surrounded by a strong mix of residential and commercial areas. The daytime employment within a 5-mile radius exceeds 37,100 across 4,200+ businesses.

Dallas Fort Worth (MSA population: 7.9 million) is one of the country’s fastest growing metropolitan areas with an increase of over 170,000 new residents between 2021 and 2022—more people than any other U.S. metro. A recent study conducted by MoveBuddha predicts that Dallas Fort Worth could become the nation’s new population leader with population as high as 33.9 million by 2100. Over the past several years, numerous Fortune 500 and Forbes Top Private Companies have relocated their headquarters to the DFW area including Comerica, AT&T, Toyota North America, McKesson, NTT Data, Jacobs Solutions and CBRE.

Nearby retailers include McDonald’s, Popeyes, Whataburger, Family Dollar, and several fuel stations/truck stops. This is an excellent opportunity to purchase an absolute tipple net leased asset in one of America’s fastest growing metro areas occupied by one of the largest Taco Bell franchisees with zero landlord responsibilities, annual rent increases and 20 years in option periods, generating years of effortless income.

Available