Taco Bell Absolute NNN
For Sale
Contact for pricing
70 Homer M Adams Pkwy, Alton, IL 62002
Absolute NNN lease with 1.5% annual rent increases and remaining base term through 12.5 years.
Property SizeContact for details
Days on Market121
Property Features for 70 Homer M Adams Pkwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Westwood Net Lease Advisors LLC
Listed By:
Chris Schellin · License #MO 2005017398
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 8:42AM
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 Westwood Net Lease Advisors LLC
Investment Insights
Based on property information with market context.
This Taco Bell restaurant is offered as an absolute NNN property with a long-term lease. The base term expires in approximately 12.5 years, with rent increases of 1.5% annually throughout the base term and option periods. The lease is guaranteed by Bell Missouri, LLC, and the tenant is described as a subsidiary of Bell America, which manages more than 200 units. Remarks also reference a healthy rent/sales ratio and store sales performance.
The property is located in a busy retail corridor with traffic counts of +15,900 AADT. Alton is described as a suburb of St. Louis, approximately 25 miles from downtown.
Inquire with the broker for additional lease and financial details.
The property is located in a busy retail corridor with traffic counts of +15,900 AADT. Alton is described as a suburb of St. Louis, approximately 25 miles from downtown.
Inquire with the broker for additional lease and financial details.
Key Highlights
- Absolute NNN lease with remaining base term through 12.5 years
- Lease features 1.5% annual rent increases throughout the base term and option periods
- Long‑term lease is guaranteed by Bell Missouri, LLC (operator of 66 units)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Apparel 42%
Shops & Services 4%
Home Improvements & Furnishings 2%
JCPenney
Apparel
39,710 visits/mo
0.4 miles
Taco Bell
Dining
15,589 visits/mo
0.1 miles
Jack in the Box
Dining
12,168 visits/mo
0.2 miles
Steak 'n Shake
Dining
9,396 visits/mo
0.1 miles
Red Lobster
Dining
7,199 visits/mo
0.5 miles
Demographics for 62002, IL
30,176
Population
14,832
Households
2
Avg Household Size
41
Median Age
24%
College-Educated
92%
High-School Grad
41.3 sq mi
ZIP Area
731
Density / Sq Mi
$57,851
Median Household Income
$38,120
Median Earnings
$941
Median Rent
$114,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Absolute NNN lease with 1.5% annual rent increases and remaining base term through 12.5 years.
Where is this conventional restaurant located?
The property is located at 70 Homer M Adams Pkwy Alton, IL.
What are key features of this property?
This property features: Absolute NNN lease with remaining base term through 12.5 years; Lease features 1.5% annual rent increases throughout the base term and option periods; Long‑term lease is guaranteed by Bell Missouri, LLC (operator of 66 units)
