November Capital / May 10, 2023
Tenant Focus: Taco Bell
1031 exchange investors continue to purchase fast food NNN lease deals. All cash buyers are keeping cap rates relatively compressed.
4/26/2023 – Taco Bell – Little Rock, AR – 25 year lease sells for $2.29M (5.00% Cap Rate
4/6/2023 – Taco Bell – McDonald, TN – 20 year lease sells for $2.6M (5.00% Cap Rate)
4/4/2023 – Taco Bell – Morton Grove, IL – 20 year lease sells for $2.1M (5.50% Cap Rate)
3/30/2023 – Taco Bell – Modesto, CA – 18 year lease sells for $2.3M (4.23% Cap Rate)
3/24/2023 – Taco Bell – Birmingham, AL – 20 year lease sells for $3.21M (5.00% Cap Rate)
3/17/2023 – Taco Bell – Conroe, TX – 20 year lease sells for $2.3M (4.57% Cap Rate)
2/21/2023 – Taco Bell – Orlando, FL – 5 year lease sells for $2.26M (5.53% Cap Rate)
2/14/2023 – Taco Bell – Corona, CA – 20 year ground lease sells for $2.93M (4.10% Cap Rate)
2/6/2023 – Taco Bell – Pea Ridge, AR – 25 year lease sells for $2.08M (4.50% Cap Rate)
