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169 US Hwy 17, East Palatka, FL, 32131

Taco Bell
$2,476,000

Key Information

Cap Rate
6%
Tot. SF
2,720
Year Built
2019
Term Remaining
±10 Yrs
Type
Retail

Highlights

  • Absolute NNN Lease: 15-year absolute triple-net lease with approximately 10 years remaining on the primary term; tenant assumes full responsibility for all expenses, including roof, structure, and maintenance, minimizing landlord obligations.
  • Corporate Guarantee: Lease guaranteed by U.S. Leader Restaurants, Inc., a well-capitalized and experienced 19-unit Taco Bell franchisee with a strong operational history.
  • Institutional-Grade Tenant: Occupied by Taco Bell, one of the nation’s leading quick-service restaurant (QSR) brands, operating over 8,200 locations across the U.S.
  • Modern Construction: Built in 2019, the property features Taco Bell’s current prototype design with drive-thru capabilities, enhancing operational efficiency and throughput.
  • Structured Rent Increases: 10% rental escalations every five years, including during option periods, provide predictable and growing income streams.
  • Long-Term Income Security: Approximately ±10 years of remaining primary lease term with five (5) additional five-year renewal options, offering durable cash flow and tenant retention potential.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203