Taco Bell NNN
For Sale
Contact for pricing
2004 Washington Avenue, Titusville, FL 32780
Remodeled restaurant backed by a long-term absolute NNN lease and corporate guaranty.
Property SizeContact for details
Days on Market145
Property Features for 2004 Washington Avenue
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - San Diego
(858) 373-3100
Listed By:
Phil Sambazis · License #01474991
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 5:44PM
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 - San Diego
Investment Insights
Based on property information with market context.
Taco Bell operates from a building that received a complete interior and exterior remodel in 2013. The property is subject to a new 20-year absolute NNN lease featuring 1.5% annual increases and a corporate guaranty from a franchisee operating 33 locations.
The site is positioned next to Titusville High School, which has 1,589 students, and within ½ mile of Titus Landing, a 355,000 SF lifestyle center anchored by Hobby Lobby, Epic Theatres, and Bealls. Eastern Florida State College – Titusville and Parrish Medical Center, with 1,200 employees, are also nearby. Kennedy Space Center is minutes away and has 8,300 employees and 1.5 Million Visitors/Year, while Cape Canaveral Air Force Station and Patrick Air Force Base are within close proximity and represent a combined military and family population of 31,000.
The property benefits from exposure to 28,770 Cars/Day, with projected traffic of 50,000 Cars/Day after Titus Landing is completed. It is located along Florida’s Space Coast, which draws approximately 3 Million Visitors/Year, and is 40 Miles East of Orlando.
The site is positioned next to Titusville High School, which has 1,589 students, and within ½ mile of Titus Landing, a 355,000 SF lifestyle center anchored by Hobby Lobby, Epic Theatres, and Bealls. Eastern Florida State College – Titusville and Parrish Medical Center, with 1,200 employees, are also nearby. Kennedy Space Center is minutes away and has 8,300 employees and 1.5 Million Visitors/Year, while Cape Canaveral Air Force Station and Patrick Air Force Base are within close proximity and represent a combined military and family population of 31,000.
The property benefits from exposure to 28,770 Cars/Day, with projected traffic of 50,000 Cars/Day after Titus Landing is completed. It is located along Florida’s Space Coast, which draws approximately 3 Million Visitors/Year, and is 40 Miles East of Orlando.
Key Highlights
- New 20‑year absolute NNN lease with 1.5% annual increases
- Corporate guaranty from a Taco Bell franchisee with 33 locations
- Complete interior and exterior remodel completed in 2013
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 32780, FL
39,525
Population
19,984
Households
2
Avg Household Size
48
Median Age
27%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
580
Density / Sq Mi
$64,670
Median Household Income
$39,882
Median Earnings
$1,258
Median Rent
$250,800
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?
NNN property - Remodeled restaurant backed by a long-term absolute NNN lease and corporate guaranty.
Where is this nnn property located?
The property is located at 2004 Washington Avenue Titusville, FL.
What are key features of this property?
This property features: New 20‑year absolute NNN lease with 1.5% annual increases; Corporate guaranty from a Taco Bell franchisee with 33 locations; Complete interior and exterior remodel completed in 2013
