Taco Bell

• Long-term Passive Investment – With 16 years of base term and four (4), five (5) year renewal options, this property offers an ideal investment for an investor looking for a long-term passive investment
• Experienced Operator – The lease is guaranteed by Luihn VantEdge Partners, one of the largest operators of Taco Bell in the Yum! Brands system (185 Units) 
• Absolute NNN – Zero Landlord Responsibilities 
• Income Tax-Free State – Florida is an income tax-free state 
• Strong Historical Sales Performance – Since taking over the location in 2019 YoY sales have consistently increased. Current rent to sales ratio is sub 6.00% 
• 0.99 Acre Parcel 
• Great Visibility & Access – The subject property is strategically located in the core retail corridor of Lake City and has multiple points of ingress & egress off of a primary artery through the city
• 10% Rental Increases Every 5 Years throughout the primary term and option periods 
• Proximity to Lake City VA Medical Center and many national retailers (Dollar Tree, Winn-Dixie, McDonald’s, CVS, etc.) 

In association with:

Scott Reid & ParaSell, Inc.
949-942-6585
A Licensed Florida Broker #FL-CQ1059597