TACO BELL 3843 Airport Blvd, Mobile, AL 36608
Cap Rate 7.50%
Price Per SF $849
Leasable Area 2,808 SF
Term Remaining ±11.50 YRS
Year Built 2011
Broker of Record
License No. 110253 (AL)
Matthews Retail Group, Inc.
841 Apollo Street. Suite 150, El Segundo, CA 90245
- Passive Income – Absolute NNN Lease with zero landlord responsibilities. Tenant pays for insurance, utilities, taxes, CAM, and maintains all facets of the site.
- Strong Traffic Counts – More than 62,700 vehicles per day drive by this property
- Long-Term Cashflow – Current tenant still has +-11.50 years remaining on the base term of their lease
- Nearby Commercial Tenants – Include Starbucks, Arby’s, IHOP, Popeye’s Louisiana Chicken, Outback Steakhouse, Zoe’s Kitchen, Burger King, Panda Express, and more.
- Industry Leading National Tenant – Taco Bell is the nation’s #1 Mexican Quick Service Restaurant (QSR) concept.
- Hedge Against Future Inflation – Annual rental increases provide contractually increasing cash flow