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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
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 was born and raised in California and has been around since 1962. They went from selling everyone’s favorite Crunchy Tacos on the West Coast to a global brand. They're not only the largest Mexican-inspired quick service brand (QSR) in the world, they’re also part of the biggest restaurant group in the world: Yum! Brands. Much of their fan love and authentic connection with their communities are rooted in being rebels with a cause. From ensuring they use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn’t been done before, they will continue to be inclusive, bold, challenge the status quo and push industry boundaries. They’re a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while they’re at it. They fuel their culture with real people who bring unique experiences. They inspire and enable their teams and the world to Live Más.

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

Starbucks
Westamerica Bank
Deli Delicious
Denny's
DiCicco's Italian Restaurant
Chase Bank
Bank of Montreal
Bank of America
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
320-091-16S
Land Assessment
$179,241
Improvements Assessment
$1,013,830
Total Assessment
$1,193,071
  • Listing ID: 39925684

  • Date on Market: 3/26/2026

  • Last Updated:

  • Address: 524 Academy Ave, Sanger, CA 93657

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