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INVESTMENT SUMMARY Sale Price:$1,818,182 Cap Rate:8.25% Building Size:2,404 Sq. Ft. Land Size:30,635sf (.70ac) Drive Thru:Yes Date Opened:11-1-07 NOI:$150,000.

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Presentation on theme: "INVESTMENT SUMMARY Sale Price:$1,818,182 Cap Rate:8.25% Building Size:2,404 Sq. Ft. Land Size:30,635sf (.70ac) Drive Thru:Yes Date Opened:11-1-07 NOI:$150,000."— Presentation transcript:

1 INVESTMENT SUMMARY Sale Price:$1,818,182 Cap Rate:8.25% Building Size:2,404 Sq. Ft. Land Size:30,635sf (.70ac) Drive Thru:Yes Date Opened: NOI:$150,000 Lease Term:20 years COE Lease Type:Absolute NNN Increases:8% increases every five years Options:4 x 5 years with same increases No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals 1010 Northern Blvd, Ste 208 Great Neck, NY PH: FX: INVESTMENT HIGHLIGHTS Absolute Triple Net Lease; No landlord responsibility Multi unit Taco Bell operator Out-parcel of giant Southmarket Shopping Center Anchored by Lowe’s and Wal-Mart Other national retailers include CVS, Starbucks, McDonald’s Applebees & Commerce Bank Excellent visibility & access with hi traffic count Very high household income New image Taco Bell file photo

2 No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals 1010 Northern Blvd, Ste 208 Great Neck, NY PH: FX: Demographics1 Mile3 Mile5 Mile Population (2008)5,30837,648125,214 Avg. HH Income$102,799$125,589$96,158 Traffic Count14,000 CORPORATE INFORMATION The first Taco Bell opened in 1962 and started franchising in It was acquired by Pepsico in 1978 when it had 868 units. Taco Bell started free drink refills in ’88 and by 2002 it became part of Yum! Brands, Inc. with Long John Silvers, A&W, KFC and Pizza Hut. In 2004, Taco Bell launched its “Think Outside the Bun” campaign and became the “official quick service restaurant” of Major League Baseball. Today, Taco Bell serves more than two billion people in over 5,800 restaurants, world wide. 80% of Taco Bells are franchisee owned and operated. AREA INFORMATION Kansas City, the largest city in Missouri, covers 318 sq. mi. and parts of four counties, has a population of nearly half a million with a metro area over two million people. Founded in 1838, Kansas City is famous for its jazz, blues and KC style barbeque. It is the home of Sprint Nextel, H&R Block, Hallmark Cards, Garmin, Russell Stover Candies and Dairy Farmers America, the country’s largest dairy co-op.

3 No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by our principals 1010 Northern Blvd, Ste 208 Great Neck, NY PH: FX:


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