TACO BELL | $2,335,333 | 4.50% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Taco Bell a single-tenant property located at 1114 League Line Rd, Conroe, TX 77303.
Taco Bell has 21+ years remaining on the absolute-net lease and is backed by a strong 335+ Unit Guaranty. The Taco Bell lease calls for 1% increases annually including the Six, 5 year options to extend. Located just off of Interstate-45 Taco Bell is visible by over 83,500+ vehicles per day.
Taco Bell Corp. a subsidiary of the world’s largest restaurant company, Yum! Brands, Inc. (NYSE: “YUM”) is the nation’s leading Mexican-inspired quick service restaurant (QSR) brand. From breakfast to late night, Taco Bell serves made-to-order and customizable tacos, burritos, and other craveable choices. Taco Bell proudly serves over two billion customers each year in over 7,400 restaurants across the nation, as well as through its mobile, desktop, and delivery ordering services. Overseas, Taco Bell has over 500 restaurants, with plans to become a $15B company in global system sales with 9,000 restaurants globally by 2022. A Fortune 500 corporation, Yum! Brands, Inc. operates the licensed brands Taco Bell, KFC, and Pizza Hut worldwide, with over 48,000 restaurants in more than 145 countries and territories.
Tacala’s Founders, Dick Reese and Don Ghareeb opened our first Taco Bell in 1989 in
Columbiana, Alabama. Taco Bell locations have more than tripled in the past 30+ years, and Tacala has grown to over 335+ locations in the Southeast and Texas. Altamont Capital Partners invested in Tacala in 2012 and has helped drive explosive unit growth over the past eight years.