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Taco Bell 1014 Main St

2,486 SF Retail Building Tuba City, AZ 86045 £1,580,586 (£636/SF) 6.25% Net Initial Yield

Investment Highlights

  • Tenant Recently Executed a 10 Year Lease Extension Showing Commitment to the Site
  • Long Term Tenancy - Taco Bell has Operated at this Location for 18 Years, Showing Commitment to the Site
  • Conveniently Located Just Off U.S. Route 89, the Primary Route to Access the Numerous Attractions and Sites in Northern Arizona
  • Tenant is a Growing Franchisee with 185+ Locations Under Multiple Brands (Taco Bell, KFC, Sonic, and Pizza Hut)
  • Growing Trade Area with Nearly 9,500 Residents within a 5-Mile Radius
  • Tuba City is the Largest Community on the Navajo Nation

Executive Summary

This property is anchored by a tenant who has recently executed a 10-year lease extension, underscoring their commitment to the site. The tenant is a growing franchisee with over 185 locations under multiple brands, including Taco Bell, KFC, Sonic, and Pizza Hut. Taco Bell has operated at this location for 18 years, demonstrating long-term tenancy and stability. Situated in a growing trade area with nearly 9,500 residents within a 5-mile radius, the property is conveniently located just off U.S. Route 89, the main route to numerous attractions in Northern Arizona. This signalized hard corner location is in close proximity to national retailers like McDonald's, Bashas', KFC, Subway, and more. Tuba City, the largest community on the Navajo Nation, boasts an average household income exceeding $82,000 in the immediate area, making it a prime location for continued business success.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,486 SF
Building Class
B
Year Built
2006
Price
£1,580,586
Price Per SF
£636
Net Initial Yield
6.25%
NOI
£98,767
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
1.13 AC
Frontage
45 ft on Main St

Amenities

  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
802-04-012
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£220,373
  • Listing ID: 33273909

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 1014 Main St, Tuba City, AZ 86045

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