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Taco Bell 2300 Interstate Cir 2,004 SF Retail Building Mansfield, OH 44903 $2,503,918 ($1,249.46/SF) 5.90% Cap Rate



Investment Highlights
- ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)
- 37 year operating history with extremely strong sales (contact agent for details)
- Annual rent escalations of 1.5% support steady organic income growth
- ±8 years of remaining lease term, with four (4), five-year renewal options
- Taco Bell signed a brand new 20-year lease in 2024, proving their long term commitment to the location and market
- Strategically located off of I-71, which sees in excess of 52,000 vehicles daily
Executive Summary
Broker of Record
Matt Wallace
License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Matt Wallace
License # BRKP.2024002419, REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,004 SF
Building Class
B
Year Built
1989
Price
$2,503,918
Price Per SF
$1,249.46
Cap Rate
5.90%
NOI
$147,731
Tenancy
Single
Building Height
1 Story
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Taco Bell began in 1962 when Glen Bell opened the first restaurant in Downey, California, building on earlier taco stands and a background in fast-service restaurant operations. The chain serves Mexican-inspired foods such as tacos, burritos, quesadillas, nachos, and beverages, and its business spans company-operated and franchised restaurants. Taco Bell has grown into a widely recognized quick-service brand with a substantial presence in the United States and in markets outside the country. The company maintains digital ordering, career, and newsroom platforms that support menu launches, brand updates, and franchise-related hiring.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 056-92-238-98-001 | Improvements Assessment | $205,190 |
| Land Assessment | $181,090 | Total Assessment | $386,280 |
Property Taxes
Parcel Number
056-92-238-98-001
Land Assessment
$181,090
Improvements Assessment
$205,190
Total Assessment
$386,280
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