Investment Highlights

NEW 25-YEAR ABSOLUTE NNN LEASE TO AN ICONIC QSR TENANT
» 25-year absolute NNN lease to Taco Bell
» No landlord management, ideal for an out-of-area investor
» Rare annual rental increases, providing an excellent hedge against inflation
» Leased to Tacala Tennessee Corp., one of Taco Bell’s largest operators with over 300 units across seven states
» Taco Bell serves more than 42 million customers each week in the U.S., with annual revenue of $2.02 billion in 2022
» High-quality 2023 construction built to the latest Taco Bell prototype, featuring patio seating and a dedicated drive-thru for added customer convenience

LOWE’S OUTPARCEL ALONG HIGHWAY 23 WITH ACCESS TO 22K VEHICLES PER DAY
» Prominent Lowe’s outparcel along Highway 23/Orby Cantrell Highway with access to 22,000 daily vehicles in front of the site
» Neighbored by notable tenants such as Walmart Supercenter, Food City, Tractor Supply, Big Lots, Harbor Freight Tools, McDonald’s, Arby’s, KFC, GameStop, Goodwill, Belk, and more
» Beneficial proximity to Best Western of Wise (60 rooms), The Inn at Wise (49 rooms), and Enterprise Rent-A-Car
» Three miles from UVA Wise College (1,102 students) and Mountain View Regional Hospital (118 beds)
» Well-positioned near Wise County Public Schools (currently serving 5,500 students)

STRATEGIC PRO-BUSINESS LOCATION IN SOUTHWEST VIRGINIA
» Only Taco Bell location in Wise and positioned to serve commuters along Highway 23 as well as surrounding cities with the nearest northern location 19 miles away
» 49,695 residents within a 15-mile radius
» Southwest Virginia is within a day’s drive of more than half of the U.S. population
» No business license requirements or business tax imposed by Wise County
» Wise County is a highly accessible hub for commerce, connecting to major interstates such as I-26, I-81, I-75, and I-77

Property Description

» Prime high-traffic location along Highway 23/Orby Cantrell Highway with excellent visibility and access to 22,000 daily vehicles. The site is surrounded by a diverse range of well-known tenants including Walmart Supercenter, Food City, Tractor Supply, Big Lots, and more, providing a strong customer base and increased foot traffic
» Convenient location near strong traffic drivers such as Best Western of Wise (60 rooms), The Inn at Wise (49 rooms), and Enterprise Rent-A-Car, and just three miles from UVA Wise College (1,102 students) and Mountain View Regional Hospital (118 beds), tapping into a nearby dynamic customer base of visitors, students, and local workforce
» Strategic location near Wise County Public Schools, serving 5,500 students, which enhances the potential customer base and offers opportunities for partnerships
» Exclusive Taco Bell location in Wise as this property is the only location in the city, serving commuters along Highway 23 and neighboring cities, with the closest northern location situated 19 miles away, ensuring a captive market. Additionally, a 15-mile radius encompasses a population of 49,695 residents
» Excellent connectivity with major interstates including I-26, I-81, I-75, and I-77, making Wise County a highly accessible hub for commerce, and facilitating efficient transportation and logistics for businesses
» Business-friendly environment with no business license requirements or business tax imposed by Wise County, fostering a favorable financial climate