343 Center St
Ludlow, MA 01056
Taco Bell · Retail Property For Sale

The subject investment opportunity is a Taco Bell triple-net sale-leaseback. The property is located at 343 Center Street in Ludlow, Massachusetts and consists of 3,125 square feet of building space and sits on approximately 0.90 acres of land. This Taco Bell will be subject to a brand new, 20-year NNN lease commencing at the close of escrow. The proposed base rent shall be$75,000 and will be subject to two percent annual rental increases starting year six. The increases will continue through the six, five-year tenant renewal options. This Taco Bell property is located at 343 Center Street in Ludlow, Massachusetts. Ludlow is a town in Hampden County, and is considered part of the Springfield Metropolitan Statistical Area. Located just northeast of Springfield across the Chicopee River, it is one of the city's most desirable suburbs. There are approximately 42,259 people within a three-mile radius of this property and 99,520 people within a five-mile radius. The property is situated on Center Street, which has an average daily traffic count of 16,244 vehicles. Center Street intersects with U.S. Interstate-90 (Massachusetts Turnpike), which brings in an additional 44,235 vehicles to the immediate area.