This Retail Property is no longer advertised on LoopNet.com.

116 US-231 Hwy
Ozark, AL 36360
New Taco Bell | 25-Yr NNN | 125-Unit Guaranty · Retail Property For Sale

Investment Highlights

  • Extremely rare, 25-year base lease term | Nearly $4.6MM in guaranteed income | Average CAP of 5.93% (at List Price) over the base lease term
  • Absolute NNN lease | Zero Landlord responsibilities
  • Located directly across the street from a Walmart Supercenter
  • New construction asset with Taco Bell’s latest prototype
  • Strong guarantee | Lease is backed by Tacala, LLC, an experienced and successful operator of 370+ Taco Bell locations across the Southeast and Texas
  • Annual rent increases to provide a hedge against inflation

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,445 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.56 AC
Zoning
B-4 - Highway Commercial
Parking
27 Spaces (11.04 Spaces per 1,000 SF Leased)
Frontage
208’ on U.S. 231

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
11-02-04-2-000-022.0000
Land Assessment
$0
Improvements Assessment
$1,107,580
Total Assessment
$1,107,580
  • Listing ID: 33641186

  • Date on Market: 10/25/2024

  • Last Updated:

  • Address: 116 US-231 Hwy, Ozark, AL 36360

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