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INVESTMENT SUMMARY Sale Price:$1,875,000 Cap Rate:8.00% Building Size:2,699 Sq. Ft. Land Size:32,000sf (.70ac) Drive Thru:Yes Date Opened:Newly Rebuilt.

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Presentation on theme: "INVESTMENT SUMMARY Sale Price:$1,875,000 Cap Rate:8.00% Building Size:2,699 Sq. Ft. Land Size:32,000sf (.70ac) Drive Thru:Yes Date Opened:Newly Rebuilt."— Presentation transcript:

1 INVESTMENT SUMMARY Sale Price:$1,875,000 Cap Rate:8.00% Building Size:2,699 Sq. Ft. Land Size:32,000sf (.70ac) Drive Thru:Yes Date Opened:Newly Rebuilt 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 11021 PH: 516-482-0220 FX: 516-977-8555 property@parkwaygrp.com INVESTMENT HIGHLIGHTS Absolute Triple Net Lease; No landlord responsibility 40 unit Taco Bell operator Located between I-35 and US Hwy 71, south of central Kansas City Out-parcel of Costco and Home Depot anchored shopping center KFC, Subway, Popeye’s Chicken and several local restaurants are nearby Excellent visibility & access with high traffic count Very high household income 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 11021 PH: 516-482-0220 FX: 516-977-8555 property@parkwaygrp.com CORPORATE INFORMATION The first Taco Bell opened in 1962 and started franchising in 1964. 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 It 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. DemographicsZip 64111City Population (2000 census)17,745441,545 Avg. HH Income Traffic Count14,984 cpd

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 11021 PH: 516-482-0220 FX: 516-977-8555 property@parkwaygrp.com Foreign Language Elementary Fantastik Plastiks


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