Taco Bell Ground Lease — Sale in Powell, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Powell, OH 43065

Investment Figures

Cap rate
4.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Taco Bell Corp., a subsidiary of Yum! Brands, Inc., (NYSE: YUM), is the nation’s leading Mexican-inspired quick serve restaurant (QSR). Taco Bell and its more than 350 restaurant franchise organizations have over 7,000 restaurants worldwide. Powell is a city in Delaware County, Ohio located approximately 14 miles north of Columbus. Home to over 13,000 residents with a median household income of $157,149, Powell is within one of the wealthiest counties in the United States. Powell was recognized as one of the Best Places to Live in the United States by Money Magazine, and was named the Best Suburb in the United States by Business Insider. Investment Highlights: • Rare Low Price Point Absolute Triple-Net (NNN) Ground Lease - Outparcel to Target • Large 67-Unit Taco Bell Franchisee • Affluent Demographics in Columbus, Ohio and Strong Growth Market - Average Household Income Exceeds $184,000 within a One-Mile Radius • 10 Percent Rental Increases Every Five Years • 171,730 Residents within a Five-Mile Radius in Growing Trade Area • Located Five Minutes from the Columbus Zoo & Aquarium, Attracting Over Two Million Visitors Annually • Surrounded by Major Retailers within a Two Mile Radius - ALDI, Chipotle, Kroger, LifeTime Fitness, McDonald's, Walmart, and More • Easily Accessible Location Less Than Three Miles Off I-270, a Significant Connector for the Greater Columbus Area

Market Context

This retail in Powell, OH is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 86 days. Compare it against other retail listings for sale in Powell, OH — view the full market.

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