Investment Highlights

25-YEAR ABSOLUTE NNN LEASE TO ICONIC QSR TENANT
» 25-year absolute NNN lease to an iconic tenant
» No landlord management, ideal for an out-of-area investor
» Rare annual rental increases, providing an excellent hedge against inflation
» Leased to Tacala Georgia Corp., one of Taco Bell’s largest operators with 330+ units
» Taco Bell serves more than 42 million customers each week in the U.S., with annual sales projected to reach $15 billion by the end of 2022
» High-quality 2022 construction built to the latest Taco Bell prototype, featuring patio seating and a dedicated drive-thru, for added customer convenience

HIGH-VISIBILITY LOCATION NEAR LARGE RETAILERS, SCHOOLS, AND COMMUNITY HUBS
» Prominent hard-corner location along West Clinton Street/U.S. Highway 129 with access to 13,300 vehicles per day at a signalized intersection
» Across the street from Harveys Supermarkets with nearby notable tenants such as Walgreens, Dollar General, Starbucks, Advance Auto Parts, O’Reilly Auto Parts, Taco Bell, McDonald’s, Pizza Hut, and more
» Near Jones County High School (1,563 students), Gray Station Middle School (668 students), and Gray Alternative School (540 students)
» 16 miles from Mercer University (8,600 students) and Macon Downtown Airport
» Only Taco Bell location in Gray (within a 12-mile radius)

MIDDLE GEORGIA SUBURB POISED FOR GROWTH
» 11,346 residents within a five-mile radius
» Average annual household income of $81,115 within one mile of the property (projected 16% increase by 2027)
» Projected population and income increase within 1-, 3-, and 5-mile radii over the next five years, poising Taco Bell and Gray for steady concurrent growth
» Central location 1.5 hours from Atlanta (496,461 residents), the state capital and most populous city in Georgia

Property Description

SOLD

» Taco Bell is located on a hard corner along West Clinton Street/U.S. Highway 129 with access to 13,300 vehicles per day at a signalized intersection
» The property is shadow anchored by Harveys Supermarkets with nearby notable tenants such as Walgreens, Dollar General, Starbucks, Advance Auto Parts, O’Reilly Auto Parts, Taco Bell, McDonald’s, Pizza Hut, and more
» The site is near Jones County High School (1,563 students), Gray Station Middle School (668 students), and Gray Alternative School (540 students) and 16 miles from Mercer University (8,600 students) and Macon Downtown Airport
» This is the only Taco Bell location in the city of Gray (within a 12-mile radius)
» 11,346 residents live within a five-mile radius with an average annual household income of $81,115 within one mile, providing a stable customer base for the site
» The population and income within 1-, 3-, and 5-miles are projected to increase by 2027, poising Taco Bell and Gray for steady concurrent growth
» The site is 1.5 hours from Atlanta (496,461 residents), the state capital and most populous city in Georgia