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2701 Hart St
Vincennes, IN 47591
Taco Bell/KFC | Abs NNN | Strong Sales · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Taco Bell & KFC Dual-Branded Store Absolute NNN Lease with 10.6 Years Remaining in Vincennes, IN
  • Reported Strong Unit-Level Sales of $1.726 Million and EBITDA of $297,000 in 2021
  • Sales Figures Equate to a Low 7.4% Rentto- Sales Ratio , 1.5% Annual Rent Increases in Current Term & 2% Increases in Options
  • Available Individually or as a Portfolio
  • Expressed Strong Commitment to Site via Recent 12-Year Extension of Original 15-Year Lease that Commenced in 2006, Taking Current Lease Term into 2033
  • Absolute NNN Lease – Zero Landlord Responsibilities

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,095 SF
Building Class
B
Year Built
2000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.71 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 42-12-27-406-018.000-027
  • 42-12-27-406-001.000-027
Land Assessment
$82,400
Improvements Assessment
$300,200
Total Assessment
$382,600
  • Listing ID: 26921870

  • Date on Market: 10/24/2022

  • Last Updated:

  • Address: 2701 Hart St, Vincennes, IN 47591

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