Taco Bell/Pizza Hut 7840-7850 N Wickham Rd 3,600 SF Retail Building Melbourne, FL 32940 $2,060,000 ($572.22/SF) 5.29% Cap Rate

Solid Investments is pleased to offer for sale the opportunity to acquire an established absolute NNN Taco Bell / Pizza Hut Ground Lease located in Melbourne, FL.
There are 5.2± years left on the 15-year lease with 10% rental increases every 5-years.
The property was built in 2016 and features a 3,600± SF dual-brand prototype on 0.76± acres along busy North Wickham Road, a primary retail corridor in Melbourne. The lease is absolute net, with the tenant responsible for all expenses, including roof and structure. There are zero landlord obligations.
The site benefits from excellent visibility and high traffic counts of 40,000± VPD along N Wickham Rd with strong surrounding retail - including Walmart Supercenter, Publix, Target, Walgreens, Kohl’s and CVS. Located just minutes from I-95, the property draws from a dense trade area serving Melbourne’s growing residential and employment base.
Taco Bell Corporation currently operates approximately 8,100 units in the United States, underscoring the strong national presence of the brand. Pizza Hut likewise maintains a substantial global footprint, with more than 6,700 US restaurants and over 16,000 locations worldwide across more than 100 countries.
Bravo Foods, LLC operates approximately 35 Taco Bell locations across the Orlando metro and Southeast region and serves as the lease guarantor. Its parent company, Celebration Restaurant Group, is one of the largest Yum! Brands franchisees, operating more than 150 restaurants across multiple states — including the 35 Taco Bell locations and 93 Pizza Hut restaurants under affiliated entities.