8835 Davis Blvd
Naples, FL 34104

Marcus & Millichap is pleased to present this Taco Bell located in Naples, Florida. Offered at a 5.95 percent capitalization rate, this rare property offering provides an investor with zero landlord responsibilities over the remaining six years on the absolute triple-net lease. There are three, five-year options remaining with eight percent rent increases every five years. The lease is guaranteed by Coastal QSR, one of the Top 20 Taco Bell franchisees in the United States. With 100 locations, Coastal QSR is the largest Taco Bell franchisee in Florida. The property is perfectly situated in the epicenter of this highly desirable retail and dining destination. Surrounded by other national credit tenants such as McDonald's, Walmart Supercenter, Cracker Barrel, Racetrac, Dunkin and Subway, this Naples area is experiencing a huge development and construction boom for both commercial and residential developments. In the immediate area surrounding the subject property, there are numerous retail and hotel developments under construction which ensures enhanced positioning of this property to appreciate in value in the future. For $3,330,000, this asset provides an investor a rare opportunity to purchase a true pride of ownership asset in a highly desired and world-famous township. Naples is a principal city of the Naples-Marco Island, Florida MSA, which has a population of 322,000+. With a convenient location in Southwest Florida, Naples is known for its world-class fishing and average annual temperature of 75 degrees. It is one of the wealthiest cities in the United States, with the second-highest proportion of millionaires per capita in the United States.