Taco Bell

Lake City, FL

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Key Details

Total GLA
2,640 sqft
Center Type

Property Highlights

  • 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.
A Licensed Florida Broker #FL-CQ1059597