Investment Highlights

25-YEAR ABSOLUTE NNN LEASE TO ICONIC QSR TENANT
» 25-year absolute NNN lease to Taco Bell
» Rare annual rental increases, providing an excellent hedge against inflation
» No landlord management, making this an ideal opportunity for an out-of-area investor
» Leased to Tacala, one of the largest Taco Bell franchisees in the country operating over 330 restaurants across Texas and the Southeast
» Taco Bell serves more than 42 million customers each week in the US, with annual revenue of $2.02B in 2022

HIGH-VISIBILITY LOCATION IN GROWING AREA
» Conveniently located along Interstate 35 with excellent visibility and access to 94,253 vehicles per day directly in front of the site
» Well-positioned near Sonterra, a new master planned community nearby consisting of more than 6,000 homesites and two elementary schools under development
» Only Taco Bell location in Jarrell and positioned to serve commuters along Interstate 35 as well as surrounding cities with the next nearest location 15 miles away
» Excellent proximity to major national tenants such as Subway, Domino’s Pizza, Shell, McDonald’s, Starbucks, and more

EXCELLENT DEMOGRAPHICS IN HIGH-GROWTH AUSTIN SUBURB
» Jarrell population count has increased more than 47% since 2010
» High average annual household income of $100,012 within a five-mile radius, providing an affluent surrounding base
» Projected population and income increases within 1-, 3-, and 5-mile radii over the next five years poise Taco Bell and Jarrell for steady concurrent growth
» Austin is one of the fastest growing cities for young professionals, ranked the top most popular destination and desirable place to live per SmartAsset
» Since January 2023, Austin added 71,000 jobs, making it the 3rd best performing MSA in the US

NEW 2023 CONSTRUCTION IN TAX FREE STATE
» High-quality 2023 construction built to the latest Taco Bell prototype, featuring covered patio seating and a dedicated drive-thru for added customer convenience
» Texas has no state income tax, estate tax, or inheritance tax

Property Description

SOLD

» This brand-new Taco Bell has prominent visibility from Interstate 35 and access to 94,253 vehicles per day directly in front of the property
» Located near Sonterra, a brand new community development with over 6,000 homes
» Exclusive Taco Bell location in Jarrell as this property is the only location in the city, serving commuters along Interstate 35 and the next closest location 15 miles away
» The high average annual household income of $100,012 within a one-mile radius provides an affluent surrounding base
» Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise Taco Bell and Jarrell for steady concurrent growth