Taco Bell

Investment Overview

Fortis Net Lease is pleased to present the opportunity to acquire an Absolute NNN Fee Simple investment occupied by Taco Bell and located at 937 Main Street in Atchison, Kansas. The property features a 1,820 square foot freestanding restaurant situated on a 0.62-acre parcel along Main Street, a primary commercial corridor serving the Atchison trade area. At the close of escrow, the tenant, KC Bell will sign a brand new 20 year Absolute NNN lease which will expire in 2046. This store has been in operation for Nine (9) years so it is a proven successful location with above average sales and a low 6.0% Rent to Sales Ratio. KC Bell has been a Taco Bell Franchisee for more than 30 years and operates more than 30 locations with more under development. The absolute NNN lease will require zero landlord responsibilities and includes 8% increase every 5 years. These rent escalations are also included in the four, five year option periods. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.

Investment Highlights

• New 20 Year Absolute NNN Lease Signed at Close of Escrow
• Zero Landlord Responsibilities
• 8% Rental Increase Every 5 Years
• Proven location with Nine (9) Year Sales History
• Low 6.0% Rent to Sales Cost Ensuring Success at this Location
• Ideal Demographics for Taco Bell with Limited Competition
• Multi-Unit Experienced Operator (30+ Years)
• Average HH Income More than $100k with 5 Mile Radius