2720 W Broadway St | Princeton, IN 47670
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- LoopNet Team
2720 W Broadway St
Princeton, IN 47670
Abs NNN Taco Bell | Over Ten Years Remain · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Taco Bell Absolute NNN Lease with 10.8 Years Remaining in Princeton, IN
- Sales Figures Equate to a Low 5.8% Rentto- Sales Ratio
- 1.5% Annual Rent Increases in Current Term & 2% Increases in Options
- Top-Tier Franchisee: Bell American Group – 3rd Largest Taco Bell Franchisee with 282 Taco Bell Units in 9 States
- 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
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,442 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Parking
69 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
467’ on West Broadway Street
PROPERTY TAXES
| Parcel Number | 26-11-11-100-004.049-028 | Improvements Assessment | $94,000 |
| Land Assessment | $200,000 | Total Assessment | $294,000 |
PROPERTY TAXES
Parcel Number
26-11-11-100-004.049-028
Land Assessment
$200,000
Improvements Assessment
$94,000
Total Assessment
$294,000
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