Log In/Sign Up
Your email has been sent.
1219 Maryland 175
Odenton, MD 21113
Taco Bell · Retail Property For Sale


Investment Highlights
- New 20-year absolute NNN ground lease to Taco Bell, the world’s largest Mexican-inspired restaurant chain.
- Tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot, providing a fully passive investment.
- Taco Bell serves over two billion customers each year.
- 10% rental increases every five (5) years, ensuring consistent income growth.
- Operator Southpaw owns and operates over 150 Taco Bell restaurants & Dunkins’ in New York, New Jersey, Maryland, Kentucky, Georgia & Louisiana
- Yum Brands have set aggressive goals for Taco Bell for the coming years, including $3 million average unit volumes by 2030 and restaurant-level profit
Executive Summary
Situated on a highly visible stretch of Annapolis Road with traffic counts exceeding 28,250 vehicles per day, this newly constructed Taco Bell benefits from exceptional exposure and accessibility in a growing market. Built in 2026 on a 0.66-acre site, the property was specifically designed to meet Taco Bell's operational requirements and is secured by an absolute NNN ground lease, providing ownership with zero management responsibilities as the tenant assumes all maintenance and expense obligations, including the roof, structure, and parking lot. Taco Bell continues to demonstrate strong brand performance, reporting a 7% increase in same-store sales in 2025 while expanding market share among higher-income consumers, families, and younger diners. The location is further strengthened by its proximity to Fort Meade's National Security Agency campus, home to more than 30,000 employees and located just four miles away, creating a significant and consistent customer base. Additionally, the property serves a dense and affluent population of nearly 158,000 residents within a five-mile radius, with an average household income of $165,645. With projected population and income growth throughout the surrounding trade area over the next five years, this asset is well-positioned to benefit from both tenant and market expansion.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,115 SF
Building Class
C
Year Built
2026
Construction Status
Under Construction
Price
$2,527,000
Price Per SF
$1,194.80
Cap Rate
4.75%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.66 AC
Zoning
O-EOD
Parking
14 Spaces (6.62 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
