Taco Bell

Investment Overview

Fortis Net Lease is pleased to present the exclusive opportunity to acquire a Taco Bell located at 1237 E Main St, Weatherford, Oklahoma. The property is subject to an Absolute NNN Lease with a 25-year primary lease term, commencing November 1, 2019 and extending through November 1, 2044. The lease structure provides investors with minimal landlord responsibilities while benefiting from a nationally recognized fast-food tenant. The property is offered at $1,900,000, representing a 5.50% cap rate based on current annual NOI of $104,533. The site encompasses approximately 0.53 acres and features a Taco Bell restaurant building of approximately 2,274 SF based on the property specifications provided. Positioned along E Main St in Weatherford, the property benefits from its location within an established commercial corridor serving the local community and surrounding area.

Investment Highlights

• ABSOLUTE NNN LEASE — Tenant is responsible for property taxes, insurance, maintenance, and other operating expenses.
• LONG-TERM LEASE — The lease commenced November 1, 2019 and extends through November 1, 2044.
• NATIONAL TENANT — Taco Bell is a nationally recognized quick-service restaurant brand with a substantial nationwide presence.
• ATTRACTIVE 5.50% CAP RATE — Offered at $1,900,000 based on an annual NOI of $104,533.
• ESTABLISHED LOCATION — The property is situated along E Main St in Weatherford, providing convenient access within the community.
• RECENT CONSTRUCTION — Property records identify the existing Taco Bell building as constructed in 2019