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Taco Bell 18731 Gardner Rd

2,200 SF 100% Leased Retail Building Gardner, KS 66030 £2,401,630 (£1,092/SF) 5.25% Net Initial Yield

Investment Highlights

  • Brand New, Triple-Net (NNN) 20-Year SLB Lease The long-term lease with zero landlord responsibilities.
  • Experienced Operator Featuring a Strong Guaranty Royal City Bell (73-Units). Affiliate of “DRG” Diversified Restaurant Group
  • Attractive Rental Increases 8.00% every 5 years. Strong hedge against inflation.

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Taco Bell
located at 18731 S Gardner Rd., Gardner, KS 66030. The site
consists of roughly 2,200 rentable square feet of building space
on an estimated 0.84-acre parcel of land. This Taco Bell is subject
to a 20-year Triple Net (NNN) lease which will commence upon
construction completion. The annual rent will be $159,600 and
has scheduled increases of 8.00% Every 5 Years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Year Built
2024
Price
£2,401,630
Price Per SF
£1,092
Net Initial Yield
5.25%
NOI
£126,086
Percent Leased
100%
Number of Floors
1
Building FAR
0.03
Land Acres
1.49 AC
Parking
9 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
162 ft on Gardner Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CP73560000-0002
Land Assessment
£167,216
Improvements Assessment
£259,430
Total Assessment
£426,646
  • Listing ID: 33056556

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 18731 Gardner Rd, Gardner, KS 66030

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