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2415 Highway 46
Wasco, CA 93280
Taco Bell · Retail Property For Sale


Investment Highlights
- CENTRAL VALLEY MARKET RENTS
- VALUE-ADD POTENTIAL | NO RENEWAL OPTIONS
- PERFORMING QSR MARKET | PRIMARY RETAIL CORRIDOR
- STRONG PERFORMANCE MARKERS
- 16TH LARGEST TACO BELL OPERATOR | TOP 30 U.S. FRANCHISEE
- 35+ YEAR OPERATING HISTORY
Executive Summary
The Northmarq National Restaurant Group is pleased to present this exclusive single-tenant Taco Bell located at 2415 CA-46 in Wasco, California. The asset offers a compelling combination of strong performance markers, favorable rent, significant traffic counts, a toptier operator, and an established, 35+ year operating history at this location, all supporting a compelling upside opportunity.
The property is strategically located along Paso Robles Highway, the primary retail corridor for the city of Wasco, as part of the Barker Square Shopping Center. The center is anchored by Tropicana Supermarket, Ross, Dollar Tree, AutoZone, and Verizon, and is shadowanchored by a recently renovated Walmart Supercenter and Fuel station. Traffic counts in front of the property exceed 18,000 vehicles per day, highlighting the corridor's consistent draw. The immediate trade area supports a strong mix of national QSR operators, with every brand, including Taco Bell, ranking above the 50th percentile nationally on Placer.ai.
This investment offers a fee simple, absolute NNN opportunity with approximately 3.9 years remaining on the current lease term and no landlord responsibilities. The lease is guaranteed by Cotti Foods Corporation, the 16th largest operator in the Taco Bell system and No. 30 on the Franchise Times Top 200 largest U.S. franchisees. With no renewal options remaining, the lease structure creates a near-term opportunity to negotiate a new lease directly with this top-tier, well-capitalized operator, or to re-tenant the site altogether.
The property is strategically located along Paso Robles Highway, the primary retail corridor for the city of Wasco, as part of the Barker Square Shopping Center. The center is anchored by Tropicana Supermarket, Ross, Dollar Tree, AutoZone, and Verizon, and is shadowanchored by a recently renovated Walmart Supercenter and Fuel station. Traffic counts in front of the property exceed 18,000 vehicles per day, highlighting the corridor's consistent draw. The immediate trade area supports a strong mix of national QSR operators, with every brand, including Taco Bell, ranking above the 50th percentile nationally on Placer.ai.
This investment offers a fee simple, absolute NNN opportunity with approximately 3.9 years remaining on the current lease term and no landlord responsibilities. The lease is guaranteed by Cotti Foods Corporation, the 16th largest operator in the Taco Bell system and No. 30 on the Franchise Times Top 200 largest U.S. franchisees. With no renewal options remaining, the lease structure creates a near-term opportunity to negotiate a new lease directly with this top-tier, well-capitalized operator, or to re-tenant the site altogether.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,355 SF
Building Class
C
Year Built/Renovated
1990/2010
Price
$2,492,622
Price Per SF
$1,058.44
Cap Rate
5.35%
NOI
$133,355
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
C-R
Parking
20 Spaces (8.49 Spaces per 1,000 SF Leased)
Frontage
92’ on Ca-46 Hwy
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 488-040-06-00-6 | Improvements Assessment | $843,110 |
| Land Assessment | $521,251 | Total Assessment | $1,364,361 |
Property Taxes
Parcel Number
488-040-06-00-6
Land Assessment
$521,251
Improvements Assessment
$843,110
Total Assessment
$1,364,361
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