3276 Highway 80 W
Jackson, MS 39204
Taco Bell · Retail Property For Sale

JLL is pleased to offer for sale the fee-simple interest in a freestanding Taco Bell (the "Property" or "Asset") located in Jackson, Mississippi. Strategically positioned on US Route 80 with over 27,000 vehicles passing by daily, the Property is proximate to a myriad of local and national retailers. Leased to one of the leading quick-service restaurant tenants in the world, Taco Bell (the "Tenant" or "Company"), The Property is subject to a long-term lease with 19 years remaining and is on a triple-net basis (NNN) with absolutely no landlord responsibilities, and five, five-year renewal options, featuring 10 percent annual rental increases every 5 years throughout the primary term and renewal option periods. This Offering represents an excellent opportunity to acquire a desirable property leased to a highly sought-after tenant in the net lease investment world with favorable in-place lease economics and located at a highly visible intersection. Jackson is the largest city and the state capital of Mississippi. With a population of approximately 170,000 people, the city has historic roots in music and culture, specifically in the areas of Blues and Gospel. Situated on the Pearl River, the city is located approximately 200 miles south of Memphis, TN and sits in the heart of Mississippi. Jackson is home to 12 universities and colleges including Jackson State University, as well as 12 public and private high schools. Jackson ranked third on Forbes Magazine' s Best Bang for Your Buck cities, demonstrating the incredible affordability and value of the area.