Log In/Sign Up
Your email has been sent.
Taco Bell | 23-Yr NNN | 370+ Unit Guaranty 3282 Reeves St 2,827 SF Retail Building Dothan, AL 36303 $2,666,500 ($943.23/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- New 25-Year Lease | Latest Taco Bell Prototype | Tacala Operator (370+ Units)
- Nearby Multiple National/Credit Tenants | Adjacent to Dothan High School
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an absolute NNN leased Taco Bell investment property located in Dothan, Alabama. The tenant, Tacala, LLC recently signed a brand-new 25-year lease with six (5-year) options to extend, demonstrating their long-term commitment to the site, with 23 years remaining on the primary term. The property features Taco Bell’s latest prototype design and is backed by a lease guaranteed by Tacala, LLC, one of the largest and most experienced Taco Bell operators in the country with over 370 locations across the Southeast and Texas.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,827 SF
Building Class
B
Year Built
2023
Price
$2,666,500
Price Per SF
$943.23
Cap Rate
5.25%
NOI
$139,971
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.15 AC
Opportunity Zone
Yes
Zoning
B-2 - Highway Commercial
Parking
30 Spaces (10.61 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Taco Bell
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Taco Bell | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 10-03-06-2-001-014-003 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $13,220 |
PROPERTY TAXES
Parcel Number
10-03-06-2-001-014-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$13,220
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Taco Bell | 23-Yr NNN | 370+ Unit Guaranty | 3282 Reeves St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.