Taco Bell QSR Ground
For Sale
Contact for pricing
740 North Lake Drive, Prestonsburg, KY 41653
Quick-service restaurant is fully occupied under an absolute NNN ground lease with approximately five years remaining.
Property SizeContact for details
Days on Market122
Property Features for 740 North Lake Drive
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq San Diego
(818) 907-4690
Listed By:
Mike Philbin · License #CA 01922822
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 6:58PM
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 Northmarq San Diego
Investment Insights
Based on property information with market context.
The property is a +/- 1,800-square-foot quick-service restaurant originally constructed in 2012 and currently operated as a Taco Bell. It is fully occupied under an absolute NNN ground lease with Sun Culinary, LLC.
The lease term is structured as a 10-year absolute NNN ground lease with approximately five years of primary term remaining. The lease includes six renewal periods, each lasting five years, with rental increases of 10% at the start of each extension period.
This offering is presented for sale to qualified investors seeking exposure to a stabilized QSR with an absolute NNN ground lease structure.
The lease term is structured as a 10-year absolute NNN ground lease with approximately five years of primary term remaining. The lease includes six renewal periods, each lasting five years, with rental increases of 10% at the start of each extension period.
This offering is presented for sale to qualified investors seeking exposure to a stabilized QSR with an absolute NNN ground lease structure.
Key Highlights
- Absolute NNN ground lease with Sun Culinary, LLC (operating as Taco Bell)
- Quick‑service restaurant at 740 North Lake Drive, Prestonsburg, KY, originally constructed in 2012
- +/- 1,800 SF Taco Bell is fully occupied under a 10‑year ground lease
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
35k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Dining 35%
Home Improvements & Furnishings 16%
KFC
Dining
8,040 visits/mo
0.5 miles
Dollar General
Shops & Services
6,024 visits/mo
0.1 miles
Curt's Ace Hardware
Home Improvements & Furnishings
5,558 visits/mo
0.4 miles
U.S. Bank
Shops & Services
5,105 visits/mo
0.3 miles
First Commonwealth Bank
Shops & Services
4,434 visits/mo
0.1 miles
Demographics for 41653, KY
10,937
Population
5,361
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
82%
High-School Grad
125.3 sq mi
ZIP Area
87
Density / Sq Mi
$43,984
Median Household Income
$36,858
Median Earnings
$662
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Quick-service restaurant is fully occupied under an absolute NNN ground lease with approximately five years remaining.
Where is this conventional restaurant located?
The property is located at 740 North Lake Drive Prestonsburg, KY.
What are key features of this property?
This property features: Absolute NNN ground lease with Sun Culinary, LLC (operating as Taco Bell); Quick‑service restaurant at 740 North Lake Drive, Prestonsburg, KY, originally constructed in 2012; +/- 1,800 SF Taco Bell is fully occupied under a 10‑year ground lease
