Taco Bell

• ±13.7 Years Remaining on 15-Year Primary Term — Long-term lease signed with a 15-year initial term, providing long term in place income for an investor.
• CPI-Based Annual Rental Increases (1.50% Cap) — Annual escalations tied to CPI provide a built-in inflation hedge, with increases capped at a maximum of 1.50% annually, offering predictable, steadily growing NOI throughout the lease term.
• Four (4), 5-Year Option Periods — Additional renewal options extend the lease’s total potential term well beyond the primary period, demonstrating tenant’s long-term commitment to the site.
• Absolute Triple Net (NNN) Lease — Zero landlord responsibilities, Tenant is responsible for taxes, insurance, CAM, and all structural/roof/parking lot maintenance.
• 2020 Construction — Newer construction reduces near-term capital expenditure risk and reflects a modern prototype build.
• Experienced Operator — Leased to Black River Bells, LLC ( ± 70 Units), an established Taco Bell franchisee, reflecting operational depth and brand commitment within the system. They are a subsidiary of Sundance, Inc (280 Units)
• Demand Driven Rest Stop — Located right off US-131 with ±18,100 travelers per day. Reed City sits at the crossing of US-131 and US-10, making it one of the few true multi-highway interchange towns in this part of the state and positioning the site to capture both local and regional pass-through traffic.
• Regional Trade Hub for a Rural, Multi-County Trade Area — US-131 connects Reed City to Big Rapids, home to Ferris State University, along the same corridor, and Reed City functions as the primary retail and services stop along US-131/US-10 for surrounding rural Osceola County communities, supporting a trade area that extends well beyond the city’s own population base.