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Established Restaurant Investment Opportunity
For Sale
$1,230,000

935 N Daleville Ave, Daleville, AL 36322

NNN leased Taco Bell with long-term passive income.

Property Size2,358 SF
Price / SF$521.63
Days on Market153

Property Features for 935 N Daleville Ave

General Information

Standard status Active
Size 2,358 SF
Property subtype Restaurant
Lease Type Absolute Net

Amenities

This restaurant was originally built in 1990 and underwent substantial renovation in 2013
Lease on this property expires October 11, 2033 and it has 1% annual rent bumps.
Population in a 5 mile radius is approximately 16,000.

Building Details

Building Size 2,358 SF
Listing Agency: Marcus & Millichap - Birmingham
Listed By: Eddie Greenhalgh · License #License(s) AL: 0000882980
Source: Marcusmillichap
Added: Apr 3 Changed: Aug 8 Last Checked: Sep 2 at 1:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Birmingham

Investment Insights

Based on property information with market context.

This commercial property, originally constructed in 1990 and significantly renovated in 2013, presents an investment opportunity for passive income generation with zero landlord responsibility. The property is currently leased to Tacala, LLC, a major Taco Bell franchisee operating over 350 locations. The current lease extends through October 11, 2033, and includes annual rent increases of 1%, along with six remaining options to extend the lease for 5 years each. The property is suitable for drive-through restaurants, restaurants, NNN properties, specialty properties, and other NNN property uses. The property size is 2358 square feet.

Key Highlights

  • Leased to Tacala, LLC, the largest Taco Bell franchisee in the United States, providing a stable and reliable tenant
  • Long‑term lease in place through October 11, 2033, ensuring consistent income stream
  • Annual 1% rent increases, offering built‑in revenue growth

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office HVAC Service Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Shops & Services 12% Hotels & Casinos 1%
McDonald's Dining
14,718 visits/mo 0.2 miles
Taco Bell Dining
5,494 visits/mo 0.2 miles
Advance Auto Parts Shops & Services
3,038 visits/mo 0.2 miles
SUBWAY Dining
2,169 visits/mo 0.3 miles
Pizza Hut Dining
1,785 visits/mo 0.2 miles

Demographics for 36322, AL

8,137
Population
4,403
Households
1.8
Avg Household Size
41
Median Age
15%
College-Educated
87%
High-School Grad
59.5 sq mi
ZIP Area
137
Density / Sq Mi
$49,243
Median Household Income
$34,098
Median Earnings
$777
Median Rent
$115,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - NNN leased Taco Bell with long-term passive income.
Where is this drive through restaurant located?
The property is located at 935 N Daleville Ave Daleville, AL.
What is the asking price?
The asking price for this property is $1,230,000.
What are key features of this property?
This property features: Leased to Tacala, LLC, the largest Taco Bell franchisee in the United States, providing a stable and reliable tenant; Long‑term lease in place through October 11, 2033, ensuring consistent income stream; Annual 1% rent increases, offering built‑in revenue growth
More about this property
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