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169 S US Highway 17
East Palatka, FL 32131

$2,435,616 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 6.10 %
  • Tenancy Single
10 Transit Score
30 Walk Score

Highlights

15-year absolute triple-net lease with approximately 8.5 years remaining on the primary term
Lease guaranteed by U.S. Leader Restaurants, Inc., a well-capitalized and experienced Taco Bell franchisee
Occupied by Taco Bell, one of the nation's leading quick-service restaurant brands
Built in 2019, features Taco Bell's current prototype design with drive-thru capabilities
10% rental escalations every five years provide predictable and growing income streams
Located within a thriving retail corridor anchored by Walmart, Publix, and Tractor Supply Co.
Cap Rate: 6.10 %

Major Tenants

Tenant SF Occupied Lease End Date
Taco Bell

Amenities

  • Signage
  • Drive Thru

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