Taco Bell – Green Bay, WI

Taco Bell
1897 Velp Avenue, Green Bay, WI, USA

We are pleased to exclusively offer for sale the 2,452 SF Taco Bell located at 1897 Velp Ave in Green Bay, WI. This deal includes a long-term 20-year sale leaseback with zero landlord responsibilities and a healthy hedge against inflation with 2% annual rent increases, providing investors with stable, passive income backed by a nationally recognized brand.

  • Long-term 20-year sale leaseback with zero landlord responsibilities.
  • Healthy hedge against inflation with 2% annual rent increases.
  • Impressive rent coverage ratio (inquire for details).
  • Top 15% Taco Bell in the country, according to Placer.ai.
  • Strong sales performance with a healthy rent-to-sales ratio (inquire for details).
  • Located directly off Hwy 41, a major north-south highway that runs from the Illinois-Wisconsin border up to northern Michigan (225 miles), with excellent highway visibility.
  • Combined, 94,185 vehicles pass the store daily, which is accessed via a roundabout at the interchange.
  • Albor Restaurant Group is a franchisee and operator of 30 Taco Bell restaurants across Wisconsin and Illinois; the ownership partners have been involved with operating over 250 Taco Bell / YUM Brands units nationally and are among the most experienced operators in the country.
  • Green Bay is the third-largest city in the state of Wisconsin and has an MSA of over 300,000 people.
  • Nearby national retailers include McDonald’s, Dairy Queen, Meijer, Menards, Fleet Farm, ABC Supply Co., Harley-Davidson, A&W, and more.

 

In Cooperation With ParaSell, Inc. , A Licensed Wisconsin Broker – Lic. #938545-91 BoR: Scott Reid – Lic. WI #58772-90

Taco Bell
1897 Velp Avenue, Green Bay, WI, 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 8,500 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.

Price

$4,167,079

Cap Rate

5.34%

PREMISES

2,452 SF

RENEWAL OPTIONS

6 x 5 Year Options

Lease Expiration

20 Years From Close of Escrow

Lease Type

NNN

RENTAL INCREASES

2% Annually

BROKERS

List with SIG

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