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2300 Interstate Circle, Mansfield, OH, 44903

Taco Bell
$2,569,248

Key Information

Cap Rate
5.75%
Tot. SF
2,004
Year Built
1989
Term Remaining
±8.27 YRS
Type
Retail
NOI
$147,731

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
  • 37 year operating history with extremely strong sales (contact agent for details)
  • Taco Bell signed a brand new 20-year lease in 2024, proving their long term commitment to the location and market
  • Annual rent escalations of 1.5% support steady organic income growth
  • Strategically located off of I-71, which sees in excess of 52,000 vehicles daily
  • Nearby national tenants include 7 Eleven, McDonalds, Tractor Supply Company, Walmart Supercenter, and many more
  • Mansfield is located in between Columbus and Cleveland on the main thoroughfare

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