Taco Bell

1018 S Mooney Blvd,
Visalia, CA 92377

Established Operator with 24.5 Years NNN Lease

4.50%
CAP RATE
3,138
Building SF
$120,000
Current Rent
.59
Land Acres
NNN
Lease Type
1987
Year Built
4.50%
CAP RATE
3,138
Building SF
$120,000
Current Rent
.59
Land Acres
NNN
Lease Type
1987
Year Built

INVESTMENT OVERVIEW

  • Essential CRE is pleased to present the opportunity to acquire the fee simple interest in the Taco Bell located at 1018 S Mooney Blvd - Visalia, CA (Tulare County). The subject property is 3,138 square foot with drive-thru, resides on .59 acres of land and was built in 1987. Taco Bell benefits from excellent exposure and access from South Mooney Blvd with 33,906 vehicles per day and convenient access to CA-198 on/off ramps. The franchisee recently completed a major interior/exterior building renovation with an updated facade.

INVESTMENT HIGHLIGHTS

  • 36 Year Taco Bell Operating History with 24.5 Years Remaining on NNN Lease with Favorable LL Percentage Rent Clause
  • Experienced Taco Bell Franchisee Operator with Multiple Locations throughout California
  • Walking Distance from College of the Sequoias, Local Schools, Surrounding Retailers Include ; Jack in the Box, 7-Eleven , Big 5 and AutoZone
  • Strong Demographics with over 150,000 Population within 5-Mile Radius, Average HH Income Greater than $100,000

MARKET OVERVIEW

  • Visalia is a city located in the San Joaquin Valley of California, in the United States. It is the county seat of Tulare County and is situated approximately halfway between Los Angeles and San Francisco. Visalia had a population of around 134,605 residents. It is one of the larger cities in the Central Valley of California. Agriculture, healthcare, and education are some of the major sectors contributing to Visalia's economy. The city also has a retail sector with shopping centers and restaurants. Visalia is located in the heart of California's agricultural region, and it plays a significant role in the state's agriculture industry. The area is known for its production of citrus fruits, cotton, grapes, and dairy products.
  • Visalia is well-connected by road and is served by California State Route 99, making it accessible to major cities like Fresno and Bakersfield. The Visalia Municipal Airport provides regional air service, and the city is within a few hours' drive of several larger airports.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282