1917 US Highway 41 N | Henderson, KY 42420
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1917 US Highway 41 N
Henderson, KY 42420
Taco Bell Abs NNN | Strong Sales | 5.65% CAP · Retail Property For Sale
Investment Highlights
- Taco Bell Absolute NNN Lease with 10.6 Years Remaining in Henderson, KY (Evansville, IN MSA)
- Top-Tier Franchisee: Bell American Group – 3rd Largest Taco Bell Franchisee with 282 Taco Bell Units in 9 States
- Sales Figures Equate to a Low 3.7% Rent-to-Sales Ratio, 1.5% Annual Rent Increases in Current Term & 2% Increases in Options
- Available Individually or as a Portfolio
- Reported Strong Unit-Level Sales of $2.185 Million and EBITDA of $564,000 in 2021
- Expressed Strong Commitment to Site via Recent 12-Year Extension of Original 15-Year Lease that Commenced in 2006, Taking Current Lease Term into 2033
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,440 SF
Building Class
C
Year Built
1992
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.47 AC
Parking
28 Spaces (12.05 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 55D-27 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $950,000 |
PROPERTY TAXES
Parcel Number
55D-27
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$950,000
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