Investment Overview
Fortis Net Lease is pleased to present the opportunity to acquire a long-term, absolute NNN-leased Taco Bell property located at 600 U.S. Hwy 67 B, Walnut Ridge, AR 72476, United States. 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 15 Year Absolute NNN Lease
- 1.0% Annual Increases
- Zero Landlord Responsibilities
- Tenant on Lease Includes 350+ Unit Entity (K-MAC Enterprises)
- More than 7,000 People within 3 Mile Radius
- Median Home Value More than $116,000 within 3 Mile Radius
- More than 4,000 VPD on US Hwy 67