The East Palatka Taco Bell offers investors a single-tenant restaurant property with a long-term absolute NNN lease. Located in East Palatka, Florida, the 2,720-square-foot restaurant sits on 1.31 acres and features a modern drive-thru layout. Built in 2019, the property combines a recognized national brand with a 6.10% cap rate and a lease designed to provide steady income.

Absolute NNN Lease and Corporate Guarantee

The property operates under an absolute triple-net lease. Under this structure, the tenant is responsible for property expenses, including maintenance, roof, and structural costs. As a result, the owner can benefit from fewer day-to-day management duties.

The lease is guaranteed by U.S. Leader Restaurants, Inc., an experienced Taco Bell franchise operator with 19 locations. This corporate guarantee adds another important feature to the investment.

Key lease details include:

• Cap rate: 6.10%
• Property size: 2,720 square feet
• Lot size: 1.31 acres
• Lease type: Absolute NNN
• ease commencement: June 5, 2017
• Lease expiration: September 28, 2034
• Remaining primary term: Approximately 8.5 years
• Rent increases: 10% every five year
• Renewal options: Five-year options

Scheduled rent increases also support future income growth. In addition, the renewal options offer the potential for an extended tenancy beyond the current lease term.

Strong Taco Bell Brand Recognition

Taco Bell is one of the leading quick-service restaurant brands in the United States, with a large national footprint and strong consumer recognition. Its established menu and drive-thru service model help serve customers looking for convenient meal options.

The East Palatka location features a modern design built in 2019. Its drive-thru layout supports efficient service and allows customers to order without leaving their vehicles. These features make the property well suited to the needs of a quick-service restaurant operator.

Investment Highlights

• Established Taco Bell restaurant tenant
• Absolute NNN lease structure
• 6.10% cap rate
• Corporate guarantee from an experienced operator
• Modern construction completed in 2019
• Convenient drive-thru service
• 10% rent increases every five years
• Approximately 8.5 years remaining on the primary lease
• Five-year renewal options for potential long-term tenancy
• Fee-simple ownership of the land and building

A Long-Term Restaurant Investment

The East Palatka Taco Bell combines a recognized restaurant brand, an absolute NNN lease, and scheduled rental increases. The modern building and drive-thru design also support the tenant’s operating needs.

For investors seeking a net lease property in Florida, this opportunity offers a mix of current income and potential future rent growth. Its corporate-backed lease, established tenant, and limited landlord responsibilities make it worth considering for a commercial real estate portfolio.