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 LLC, one of Taco Bell’s largest operators with over 300 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 RETAILERS AND SCHOOLS
» High-visibility location along Valleydale Road with access to a combined 40,718 vehicles per day at the Caldwell Mill Road signalized intersection
» Central location near highly trafficked Alabama thoroughfares, including Interstate 459, Highway 119, and Interstate 65 (combined 267,357 AADT)
» Within walking distance to Jefferson State Community College – Shelby-Hoover Campus (5,000+ students) and situated near eight well-attended schools within a four-mile radius (8,105 students)
» 5.3 miles from Grandview Medical Center (434 beds)
» Across from Sherwin-Williams and adjacent to Domino’s Pizza with nearby notable tenants such as Walmart Neighborhood Market, Publix Super Market, Walgreens, McDonald’s, Starbucks, and many more

DENSELY POPULATED AREA WITH ROBUST DEMOGRAPHICS
» 108,429 residents live within five miles of the property (10% growth since 2010)
» High average annual household income of $158,874 within a one-mile radius (projected 14% increase by 2027)
» Projected population and income increase within 1-, 3-, and 5-mile radii over the next five years, poising Taco Bell and Birmingham for steady concurrent growth
» Gateway to Downtown Birmingham (population of 198,433), the third most-populous city in Alabama with access to the large Birmingham-Hoover MSA (population of 1.1 million)

Property Description

Sold
» Taco Bell is located along Valleydale Road with access to a combined 40,718 vehicles per day at the Caldwell Mill Road signalized intersection
» The site is conveniently located near highly trafficked Alabama thoroughfares, including Interstate 459, Highway 119, and Interstate 65 (combined 267,357 AADT)
» The property is situated near eight well-attended schools within a four-mile radius (8,105 students)and walking distance to Jefferson State Community College -Shelby-Hoover Campus (5,000+ students),providing a nearby ideal customer base
» The site is 5.3 miles from Grandview Medical Center (434 beds) and 16.1 miles from Birmingham-Shuttlesworth International Airport (approximately3 million annual passengers)
» The property is across from Sherwin-Williams and adjacent to Domino’s Pizza with notable tenants nearby such as Walmart Neighborhood Market, Publix Super Market, Walgreens, McDonald’s, Starbucks, and many more
» This location is supported by a large and established customer base of 108,429 residents within five miles of the property (10% growth since 2010)
» The site greatly benefits from the high average annual household income of $158,874 within a one-mile radius (projected to increase 14% by 2027)
» The location serves as a gateway to Downtown Birmingham (population of 198,433), the third most-populous city in Alabama with access to the large Birmingham-Hoover MSA (population of 1.1 million)