2005 E Dixon Blvd,
Shelby (Charlotte), NC 28152

Taco Bell Ground Lease

Offering Summary
Price $1,411,111 Cap Rate 4.50%
NOI $63,500.00 Rentable SF 2,287 SF
Lot Size 1.01 +/- Acres Year Built 2023
Lease Type Absolute NNN Ground Lease Lease Term 20 Years

Investment Highlights

  • Brand New 2023 Construction (New Prototype Location)
  • 20-Year Absolute NNN Corporate Ground Lease with 10% Rental
    Increases Every 5-Years
  • Over 30,000 Vehicles Per Day on East Dixon Boulevard (I-74)
  • Outparcel to The Cleveland Mall, a 361,000 SF Power Center
    Anchored by AMC, Marshalls, Belk, Dunham’s Sports, Burkes Outlet,
    Dollar Tree, Chick-Fil-A, McDonald’s and More
  • Excellent Visibility & Frontage Along I-74 (East Dixon Blvd) – The
    Major Thoroughfare Going from Shelby to Downtown Charlotte
  • Corporately Guaranteed Lease by Taco Bell (NYSE: YUM) w/ Over
    $5.5 Billion in Revenue & Market Cap of $33.65 Billion

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg LaBarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com