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Marianne Christian

Sands Investment Group

Office Phone: 206-915-9222

 

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Published on: Tuesday, April 21, 2015 5:05:17 AM
Updated on: Friday, April 24, 2015 5:15:52 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Oklahoma-41093

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 0

 

Building Size: 2,053 SqFt

Lot Size: 30,492 SqFt.

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Taco Bell is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of Yum! Brands, Inc., they serve a variety of TexMex foods including tacos, burritos, quesadillas, nachos, other specialty items, and a variety of "value menu" items. Taco Bell serves more than 2 billion customers each year in more than 6,500 restaurants mostly in the U.S., more than 80 percent of which are owned and operated by independent franchisees.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 5

Commission Split (%): 0

Complete Details


Year Build: 0

Building Size: 2,053 SqFt.

No of Stories: 1

Total Lot Area: 30492.00 SqFt.

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description


Taco Bell is an American chain of fast-food restaurants based in Irvine, California. A subsidiary of Yum! Brands, Inc., they serve a variety of TexMex foods including tacos, burritos, quesadillas, nachos, other specialty items, and a variety of "value menu" items. Taco Bell serves more than 2 billion customers each year in more than 6,500 restaurants mostly in the U.S., more than 80 percent of which are owned and operated by independent franchisees. Yum! Brands, Inc. or Yum! is an American fast food company. A Fortune 500 corporation, Yum operates the licensed brands Taco Bell, KFC, Pizza Hut, and WingStreet worldwide. Prior to 2011, Yum! also owned Long John Silver's and A&W Restaurants. Based in Louisville, Kentucky, it is the world's largest fast food restaurant company in terms of system units—more than 40,000 restaurants around the world in over 125 countries. In 2013, Yum!'s global sales totaled more than US$13 billion. K-MAC Enterprises is a leading operator of Taco Bell and KFC quick-service restaurants, with more than 270 locations. The company's restaurants, franchised from YUM! Brands, are located mostly in Arkansas, as well as in Missouri, Oklahoma, and Texas. It also owns and operates a small number of buffet-style family steak houses franchised from Golden Corral. K-MAC was founded in 1964 by Ken McGruder. Connecticut-based private equity firm Olympus Partners acquired the business in 2005.

Additional Properties


Property Highlights
  • Ideal 1031 Exchange Opportunity
  • Single tenant absolute NNN investment
  • New 15 year lease commenced May 2014
  • Annual rental increases
  • Excellent location on signalized corner
  • K-mac Enterprises, Inc is well established, strong franchise (270 stores) Optimal demographics
  • Taco Bell sign visible from I-40 (25,000 VPD)

Attached Documents


 Download | Offering Memorandum ( 1,622.63KB)

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