NNN Taco Bell
2403 E Wabash St Frankfort, IN 46041
2403 E Wabash St, Frankfort, IN, 46041
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For Sale
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Absolute NNN leased Taco Bell with 1% annual rental increases and a lease term through 03/31/2027.
Days on Market103
Property Features for 2403 E Wabash St
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Matthews
Listed by
Brett Baumgartner · License #TX 701324
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 11:52PM Checked: Jul 21 at 11:52PM
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 Matthews
Investment Insights
Based on property information with market context.
The property is a Taco Bell quick-service restaurant operated under an absolute NNN lease structure with zero landlord management responsibilities. The lease includes 1% annual rental increases, and Taco Bell has recently extended its lease to 03/31/2027.
Located on E Wabash St, the site benefits from high traffic, with Wabash Street seeing approximately 15,000 vehicles per day. The restaurant is directly across from major retail and surrounding uses including Walmart Supercenter and ALDI, along with other established businesses listed in the remarks.
The tenant is described in the materials as the largest Taco Bell franchise partner with over 320 locations and more than 58 years of operating experience, and as having expanded its restaurant openings in recent years. The offering notes that Taco Bell is also the only such location in Frankfort, IN.
Located on E Wabash St, the site benefits from high traffic, with Wabash Street seeing approximately 15,000 vehicles per day. The restaurant is directly across from major retail and surrounding uses including Walmart Supercenter and ALDI, along with other established businesses listed in the remarks.
The tenant is described in the materials as the largest Taco Bell franchise partner with over 320 locations and more than 58 years of operating experience, and as having expanded its restaurant openings in recent years. The offering notes that Taco Bell is also the only such location in Frankfort, IN.
Key Highlights
- Absolute NNN leased Taco Bell with 1% annual rental increases and a lease term through 03/31/2027
- Tenant has zero management responsibilities under the absolute NNN lease
- Tenant recently extended its lease through 03/31/2027
Property Analytics
Location Intelligence
Current Use by Public Records
Taco Bell
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Absolute NNN leased Taco Bell with 1% annual rental increases and a lease term through 03/31/2027.
Where is this conventional restaurant located?
The property is located at 2403 E Wabash St Frankfort, IN.
What are key features of this property?
This property features: Absolute NNN leased Taco Bell with 1% annual rental increases and a lease term through 03/31/2027; Tenant has zero management responsibilities under the absolute NNN lease; Tenant recently extended its lease through 03/31/2027
