Matthews Logo

Navigation Menu

15924 State Route 170, Calcutta, OH, 43920

Taco Bell
$3,497,502

Key Information

Cap Rate
6%
Tot. SF
2,252
Year Built
1991
Term Remaining
±8.27 YRS
Type
Retail
NOI
$209,849

Highlights

Lease & Location Highlights

  • ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)
  • ±8.25 years of remaining lease term, with four (4), five-year renewal options
  • 35 year operating history with extremely strong sales (contact agent for details)
  • Taco Bell signed a brand new 20-year lease in 2014, proving their long term commitment to the location and market
  • Annual rent escalations of 1.5% support steady organic income growth
  • Nearby national tenants include Autozone, Wendy’s, Tractor Supply Company, Aldi, Walmart Supercenter, and many more
  • Subject property benefits from a surrounding population of 28,874 residents & an average household income of $75,422 (5 Mile)
  • Calcutta is on the border of PA and OH, with Pittsburgh being less than 50 miles away

Tenant Highlights

  • Taco Bell is a globally recognized quick-service restaurant brand and a subsidiary of Yum! Brands, Inc., one of the largest restaurant companies in the world
  • The brand operates thousands of locations across the United States, supported by a well-established franchise, Charter Foods and corporate network
  • Taco Bell maintains a strong position within the QSR segment, benefiting from consistent consumer demand for value-oriented, convenient dining options
  • Backed by Yum! Brands’ extensive operational infrastructure and marketing platform, Taco Bell continues to demonstrate long-term brand strength and national market presence

Photos

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141, BRKP.2024002419 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113