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- LoopNet Team
808 S Walnut St
Starke, FL 32091
Taco Bell · Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
About 808 S Walnut St , Starke, FL 32091
Marcus & Millichap is pleased to present the opportunity to acquire a Taco Bell located in Starke, Florida. This location is part of a six-unit Taco Bell portfolio or is available separately. This Taco Bell offers a brand new, 20-year, triple net sale leaseback which commences upon close of escrow. There are four, five-year renewal options with 10 percent rental increases every five years throughout the base term and option periods. The lease is guaranteed by Luihn VantEdge Partners, LLC. Luihn VantEdge Partners is a strong franchisee which owns and operates 119 restaurants throughout North Carolina, South Carolina, Florida and Virginia, with over 3,200 talented employees. The subject property is located between Gainesville (25 miles south) and Jacksonville (47 miles north east). This Taco Bell is located off Walnut Street with a daily traffic count of 32,000 vehicles. Surrounding national retailers include Walmart Supercenter, Bealls Outlet, Save-A-Lot, Hibbett Sports, Rent-A-Center, Dollar General, Dunkin Donuts, KFC, McDonald’s and many more.
PROPERTY TAXES
| Parcel Number | 04438-0-00700 | Improvements Assessment | $289,619 |
| Land Assessment | $179,406 | Total Assessment | $469,025 |
PROPERTY TAXES
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