Investment Overview
Fortis Net Lease is pleased to present the opportunity to acquire a long-term,
absolute NNN-leased Taco Bell property located in Barling AR.
K-MAC Enterprises recently signed a new 25-year lease that will expire in 2051.
The absolute NNN lease requires zero landlord responsibilities and includes 1.0%
annual increases to hedge against inflation. These rent escalations are also
included in the Four (5) five-year option periods. K Mac Enterprises is a best in
class 350+ Unit Taco Bell Franchisee. The lease is backed by the entire 350+ Unit
K Mac Entity. 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 25 Year Absolute NNN Lease |
- Brand New Construction
- 1.0% Annual Increases
- Zero Landlord Responsibilities
- Tenant on Lease Includes 350+ Unit Entity (K-MAC Enterprises)
- Nearly 14,000 People within 3 Mile Radius
- Median Home Value More than $232,500 within 3 Mile Radius