Taco Bell – Cortez, CO

Taco Bell
1300 E Main St, Cortez, CO 81321, USA

Sands Investment Group is pleased to exclusively offer for sale the 1,622 SF Taco Bell Absolute NNN located at 1300 E Main Street in Cortez, CO. This deal includes a long-term 15-year sale leaseback with zero landlord responsibilities and a healthy hedge against inflation with 10% rent increases every 5 years, ensuring consistent and reliable income growth.

  • Long-Term Absolute Triple Net (NNN) Lease: 15-year sale-leaseback with zero landlord responsibilities, providing truly passive ownership.
  • Built-In Rent Growth: Attractive 10% rental increases every five years offer a strong hedge against inflation and long-term income growth.
  • Experienced Multi-Brand Operator: Emerge Inc., an award-winning and rapidly growing franchisee operating 185 locations across four brands, guarantees the lease with 40+ units.
  • Strong Unit-Level Performance: Location demonstrates solid sales with a healthy rent-to-sales ratio (financials available upon request).
  • Proven Taco Bell Market: Positioned in a strong demographic area with limited competition and a successful 30-year operating history.
  • High-Traffic Main Corridor: Located on E Main Street, the primary thoroughfare through Cortez, with approximately 20,000 vehicles per day.
  • Proximity to Major Community Hub: Just 0.5 miles from the Cortez Recreation Center and Centennial Park, a 46,000 SF destination for community health, wellness, and recreation.
  • Strong Hospitality Demand Drivers: Surrounded by several national hotel brands and RV parks, including Travelodge, Quality Inn, Best Western, and Super 8, supporting consistent out-of-town traffic.
  • Government & Civic Traffic: Adjacent to Cortez City Hall and the Cortez Recreation Center, generating steady daytime foot traffic.
  • Excellent Accessibility & Visibility: Positioned on a prominent corner lot with multiple access points for convenient ingress and egress.
  • Drive-Thru Essential Retail: Drive-thru-equipped quick-service restaurant offering strong resistance to economic downturns and pandemic-related disruptions.
  • National Retail Synergy: Located near major national retailers, including McDonald’s, Dairy Queen, Safeway, Subway, AutoZone, Walgreens, Verizon, O’Reilly Auto Parts, Pizza Hut, Denny’s, KFC, Wendy’s, and Dollar Tree.

 

In Cooperation With Sands Investment Group – Lic. #1000070604 BoR: Max Freedman – Lic. CO #100070604

Taco Bell
1300 E Main St, Cortez, CO 81321, USA

Taco Bell

Taco Bell Corp., a subsidiary of Yum! Brands, Inc. (NYSE: YUM), is the world’s leading Mexican-inspired quick service restaurant (QSR) brand. Taco Bell serves made-to-order and customizable tacos and burritos and other specialties with bold flavours, quality ingredients, breakthrough value, and best-in-class customer service to over 40 million customers weekly across the globe. Under our parent company, Yum! Brands Inc. Taco Bell is part of a family of fast food powerhouses which include both KFC and Pizza Hut. Taco Bell and our franchise organizations operate over 7,400 restaurants that serve more than 42 million customers each week in the U.S. Internationally, the brand is growing with more than 1,100 restaurants across over 30 countries around the globe. Yum! Brands, Inc., based in Louisville, Kentucky, has nearly 55,000 restaurants in more than 155 countries and territories. The company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over six new restaurants per day on average, making it a leader in global retail development. Outside of the restaurants, fans can access Taco Bell through the mobile app, desktop on Ta.co and delivery through the partnership with Grubhub. Taco Bell became the first QSR to launch a mobile app in U.S. restaurants for both drive-thru and dining orders.

Price

$2,173,913

Cap Rate

5.75%

PREMISES

1,622 SF

YEAR BUILT

1994

RENEWAL OPTIONS

4 x 5 Year Options

Lease Expiration

15 Years From Close of Escrow

Lease Type

Absolute NNN

RENTAL INCREASES

10% Every 5 Years

BROKERS

List with SIG

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