Taco Bell NNN
For Sale
Contact for pricing
202 W Mills St, Columbus, NC 28722
Absolute NNN lease structure with scheduled rent increases and no landlord responsibilities.
Property SizeContact for details
Days on Market131
Property Features for 202 W Mills St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
MPV Properties
(704) 248-2140
Listed By:
Robbie Adams · License #NC278853
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 30 at 4:11PM
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 MPV Properties
Investment Insights
Based on property information with market context.
This Taco Bell property is subject to an absolute NNN lease, placing landlord responsibilities at zero under the stated lease structure. The agreement has 16+ years remaining, includes 10% rental increases every 5 years during the base term and option periods, and reflects a 5.8% rent-to-sales ratio. The tenant is operated by a franchisee with 159+ units.
Located at 202 W Mills St in Columbus, NC, the property sits along the city’s retail corridor and functions as a Food Lion outparcel. Regional connectivity extends toward Asheville, Greenville/Spartanburg, and Charlotte, with I-26 less than half a mile away. Nearby retailers named in the property information include Tractor Supply Co., McDonald’s, Advance Auto Parts, Wendy’s, CVS, and Bojangles.
Located at 202 W Mills St in Columbus, NC, the property sits along the city’s retail corridor and functions as a Food Lion outparcel. Regional connectivity extends toward Asheville, Greenville/Spartanburg, and Charlotte, with I-26 less than half a mile away. Nearby retailers named in the property information include Tractor Supply Co., McDonald’s, Advance Auto Parts, Wendy’s, CVS, and Bojangles.
Key Highlights
- 16+ years remaining on the lease
- Absolute NNN structure with zero landlord responsibilities
- 10% rental increases every 5 years through the base term and option periods
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 39%
Beauty & Spa 5%
Bojangles' Famous Chicken 'n Biscuits
Dining
10,273 visits/mo
0.4 miles
El Campesino
Dining
3,780 visits/mo
0.2 miles
Advance Auto Parts
Shops & Services
3,188 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
3,122 visits/mo
0.4 miles
H&R Block
Shops & Services
2,053 visits/mo
0.4 miles
Demographics for 28722, NC
6,223
Population
3,151
Households
2
Avg Household Size
55
Median Age
31%
College-Educated
91%
High-School Grad
43.9 sq mi
ZIP Area
142
Density / Sq Mi
$60,774
Median Household Income
$32,305
Median Earnings
$1,225
Median Rent
$277,600
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 - Absolute NNN lease structure with scheduled rent increases and no landlord responsibilities.
Where is this nnn property located?
The property is located at 202 W Mills St Columbus, NC.
What are key features of this property?
This property features: 16+ years remaining on the lease; Absolute NNN structure with zero landlord responsibilities; 10% rental increases every 5 years through the base term and option periods
