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169 S US Highway 17
East Palatka, FL 32131

$2,584,000 USD

Fast Food For Sale  •  2,720 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,720 SF
  • Lot Size 1.31 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 5.75 %
  • Tenancy Single
0 Transit Score
41 Walk Score

Highlights

Absolute NNN Lease: 15-year absolute triple-net lease with approximately 10 years remaining on the primary term; tenant assumes full responsibility
Corporate Guarantee: Lease guaranteed by U.S. Leader Restaurants, Inc., a well-capitalized and experienced 19-unit Taco Bell franchisee
Institutional-Grade Tenant: Occupied by Taco Bell, one of the nation’s leading quick-service restaurant (QSR) brands, operating over 8,200 locations
Modern Construction: Built in 2019, the property features Taco Bell’s current prototype design with drive-thru capabilities
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
Cap Rate: 5.75 %

Public Transportation

Commuter RailDriveWalkDistance
6 min - 2.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 19
Type: Surface
Included in Rent: Yes
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services
Daniel Gonzalez 305-395-6972 Matthews Real Estate Investment Services