Log In/Sign Up
Your email has been sent.
Taco Bell - Marietta, OH 342 Pike St 2,724 SF Retail Building Marietta, OH 45750 $3,414,384 ($1,253.44/SF) 5.85% Cap Rate
Investment Highlights
- ABSOLUTE TRIPLE NET LEASE
- LONG-TERM INCOME WITH EXTENSION OPTIONALITY
- HIGH-TRAFFIC PIKE STREET CORRIDOR
- STRONG BUILT-IN RENT GROWTH
- NATIONAL CREDIT TENANT
- PROVEN PERFORMANCE – 10+ YEARS OPERATING
Executive Summary
Atlantic Capital Partners is pleased to present for sale a single-tenant Taco Bell property located along the Pike Street retail corridor in Marietta, Ohio. The asset offers approximately nine (9) years of remaining lease term through March 31, 2035, with four (4) five-year renewal options providing long-term income continuity. Operated by a large, experienced Taco Bell franchisee, the property is subject to an absolute triple-net (NNN) lease, with the tenant responsible for all taxes, insurance, maintenance, and capital expenditures, delivering a passive and predictable cash flow profile. Annual 1.50% rent escalations throughout the base term and option periods provide consistent NOI growth and inflation protection. Situated on 1.05 acres along Pike Street (Route 7), the property benefits from strong visibility and access along a high-traffic corridor with over 28,300 vehicles per day. Marietta serves as a regional retail and employment hub for southeastern Ohio, supported by stable demand drivers including healthcare, education, and industrial employment, reinforcing the asset’s long-term durability.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,724 SF
Building Class
C
Year Built
2009
Price
$3,414,384
Price Per SF
$1,253.44
Cap Rate
5.85%
NOI
$199,800
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.05 AC
Parking
39 Spaces (14.32 Spaces per 1,000 SF Leased)
Frontage
169’ on Pike St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Taco Bell began in 1962 when Glen Bell opened the first restaurant in Downey, California, building on earlier taco stands and a background in fast-service restaurant operations. The chain serves Mexican-inspired foods such as tacos, burritos, quesadillas, nachos, and beverages, and its business spans company-operated and franchised restaurants. Taco Bell has grown into a widely recognized quick-service brand with a substantial presence in the United States and in markets outside the country. The company maintains digital ordering, career, and newsroom platforms that support menu launches, brand updates, and franchise-related hiring.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2400-86192-000 | Improvements Assessment | $154,400 |
| Land Assessment | $14,550 | Total Assessment | $168,950 |
Property Taxes
Parcel Number
2400-86192-000
Land Assessment
$14,550
Improvements Assessment
$154,400
Total Assessment
$168,950
Contacts
-
David Hoppe -
Danny Griffin -
Eric Suffoletto -
Kendra Doherty -
Atlantic Capital Partners
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
