This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1319 Dunn Ave
Jacksonville, FL 32218
Taco Bell 8.5% Cap Rate · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Pylon Sign
- Drive Thru
- Air Conditioning
ABOUT 1319 DUNN AVE , JACKSONVILLE, FL 32218
Marcus & Millichap is pleased to present for sale this Taco Bell located at 1319 Dunn Avenue in Jacksonville, Florida. The Taco Bell consists of a 2,808 square foot building situated on a .38 Acre Parcel of Land. Taco Bell has just under two years remaining on the base term of the lease with two (10 year) options to extend with 1.5 percent annual increases in rent. Taco Bell is an absolute NNN lease, tenant responsible for procuring and paying direct all operating expenses including real estate taxes and insurance and paying utilities directly. The tenant is also responsible for the repairs and replacements of the building, sidewalks, parking areas, roof and structure. The lease is guaranteed by the franchisee, Southeast QSR, LLC which is owned by Prometheus Partners LP. Southeast QSR owns and operates YUM! Brands franchises in Alabama, Florida, Georgia, Mississippi, and South Carolina. The company operates 58 Taco Bell restaurants and Pizza Hut Express Restaurants.
PROPERTY TAXES
| Parcel Number | 044164-0010 | Improvements Assessment | $468,262 |
| Land Assessment | $426,138 | Total Assessment | $894,400 |
PROPERTY TAXES
