TACO BELL | $1,255,000 | 5.25% CAP
The Deltondo Group and Marcus & Millichap is pleased to present for sale Taco Bell a single-tenant property located at 1859 West County Road 419, Orlando (Oviedo), Florida 32766.
The subject property is comprised of 2,808 square feet and was built in 2006 and remodeled just last year. The building sits on a large 1.16 Acre lot with ample parking and frontage on West County Road 419 that oversees 21,500+ Vehicles Per Day.
Taco Bell operates on an Absolute-Net Ground Lease with 6-years remaining. The Lease holds 10% rental increases every five years, including the four, 5-Year Options to extend. Taco Bell is out-parcel to Winn-Dixie and surrounded by other national retailers including Pizza Hut, AutoZone, 7-Eleven, Arby’s, McDonald’s, CVS, Walgreens, Wells Fargo and more.
Operated by Bravo Foods, LLC which has 30 Taco Bell locations in the Orlando metro and 8 Locations in Savannah. Many of these 38 locations are open and serving customers 18+ hours a day.
Yum! Brands, Inc., based in Louisville, Kentucky, has over 50,000 restaurants in more than 150 countries and territories primarily operating the company’s restaurant brands – KFC, Pizza Hut, and Taco Bell – global leaders of the chicken, pizza and Mexican-style food categories. The Company’s family of brands also includes The Habit Burger Grill, a fast-casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2019, Yum! Brands was named to the Dow Jones Sustainability North America Index and in 2020, the company ranked among the top 100 Best Corporate Citizens by 3BL Media.