2701 Hart St | Vincennes, IN 47591
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- LoopNet Team
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
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
| Parcel Numbers | Improvements Assessment | $300,200 | |
| Land Assessment | $82,400 | Total Assessment | $382,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$82,400
Improvements Assessment
$300,200
Total Assessment
$382,600
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