Taco Bell Absolute NNN
1602 State Hwy 37 Massena, NY 13662
For Sale
Contact for pricing
Pending
Absolute NNN restaurant property fully leased to Taco Bell, positioned as an outparcel to St. Lawrence Centre.
Lot Size1.00 Acre
Days on Market105
Property Features for 1602 State Hwy 37
General Information
- Standard status
- Pending
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Listing Agency:
Colliers - Los Angeles - Orange County, California
(949) 724-5561
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Apr 10
Changed: Jul 21
Last Checked: Jul 22 at 2:22PM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This absolute NNN investment property is fully leased to Taco Bell and structured to provide “zero landlord obligations,” with the tenant operating at the location since 1993. The offering is positioned on approximately 1.00 acres of land.
The property sits as an outparcel to St. Lawrence Centre, a shopping mall managed by Carlyle Development Group in Massena, NY. Taco Bell has approximately 3.5 years remaining on the current term, followed by 3- to 5-year option periods. Option renewals include 10% rental increases. Current rent is reported at $44,450 per annum, and annualized sales at the location are stated to average over $900,000 per year, for an approximately 4.9% rent-to-sales ratio.
The property sits as an outparcel to St. Lawrence Centre, a shopping mall managed by Carlyle Development Group in Massena, NY. Taco Bell has approximately 3.5 years remaining on the current term, followed by 3- to 5-year option periods. Option renewals include 10% rental increases. Current rent is reported at $44,450 per annum, and annualized sales at the location are stated to average over $900,000 per year, for an approximately 4.9% rent-to-sales ratio.
Key Highlights
- Absolute NNN restaurant property fully leased to Taco Bell in Massena, NY, as an outparcel to St. Lawrence Centre
- Taco Bell has operated at this location since 1993; investment‑grade tenant via Taco Bell Corp, a subsidiary of YUM Brands (NYSE: YUM)
- Approximately 1.00‑acre site with an absolute NNN lease structure
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
NNN property - Absolute NNN restaurant property fully leased to Taco Bell, positioned as an outparcel to St. Lawrence Centre.
Where is this nnn property located?
The property is located at 1602 State Hwy 37 Massena, NY.
What are key features of this property?
This property features: Absolute NNN restaurant property fully leased to Taco Bell in Massena, NY, as an outparcel to St. Lawrence Centre; Taco Bell has operated at this location since 1993; investment‑grade tenant via Taco Bell Corp, a subsidiary of YUM Brands (NYSE: YUM); Approximately 1.00‑acre site with an absolute NNN lease structure
