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Taco Bell Pad | Sanger, CA 524 Academy Ave 3,000 SF Retail Building Sanger, CA 93657 $3,240,000 ($1,080/SF) 5% Cap Rate
Investment Highlights
- Single-Tenant Absolute NNN Taco Bell Pad to Academy & Jensen
- Zero Landlord Responsibilities
- 23-Year Operating History at the Subject Property
- New 10-Year Lease Extension; 11+ Years Remaining
- Rare 15% Increases Every 5 Years
- Yum! Brands Operates Over 8,800 Restaurants Across 30 Countries Worldwide
Executive Summary
Recent 10-Year Extension with 300+ Unit Operator | Taco Bell 23-Year Operating History | Rare 15% Increases Every 5 Years
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
C
Year Built
2003
Price
$3,240,000
Price Per SF
$1,080
Cap Rate
5%
NOI
$162,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.50 AC
Zoning
C4 - Heavy Commercial
Parking
20 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
126’ on Academy Ave
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 | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 320-091-16S | Improvements Assessment | $1,013,830 |
| Land Assessment | $179,241 | Total Assessment | $1,193,071 |
Property Taxes
Parcel Number
320-091-16S
Land Assessment
$179,241
Improvements Assessment
$1,013,830
Total Assessment
$1,193,071
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