Taco Bell Absolute NNN Ground
For Sale
Contact for pricing
2464 Augusta Hwy, Lexington, SC 29072
Absolute NNN ground lease with rent increases every five years and tenant responsibility for taxes, insurance, and maintenance.
Property Size2,274 SF
Price / SF$896.66
Days on Market137
Property Features for 2464 Augusta Hwy
General Information
Standard status
Active
Size
2,274 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$105,000
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Sacramento, California
Listed By:
Ryan Forsyth · License #CA 01716551
Source:
Crexi
Added: Apr 24
Changed: Aug 26
Last Checked: Sep 7 at 5:43AM
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 Cushman & Wakefield - Sacramento, California
Investment Insights
Based on property information with market context.
This property is offered as an absolute NNN ground lease to Taco Bell under a 15-year term. The lease includes 10% rental increases every five years through the initial term and four (4) additional five-year option periods, designed to provide income growth over time.
The tenant, Bell Carolina, LLC, operates Taco Bell restaurants as part of Bell American Group. The company is described as running approximately 273 restaurants across eight states.
Under the NNN structure, the tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot. The listing also states the lease is “absolute NNN,” meaning the landlord’s responsibilities are limited to the extent described in the ground lease terms.
The tenant, Bell Carolina, LLC, operates Taco Bell restaurants as part of Bell American Group. The company is described as running approximately 273 restaurants across eight states.
Under the NNN structure, the tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot. The listing also states the lease is “absolute NNN,” meaning the landlord’s responsibilities are limited to the extent described in the ground lease terms.
Key Highlights
- New 15‑year absolute NNN ground lease with Taco Bell, plus four (4) five‑year option periods
- Rent increases 10% every five (5) years through the initial term
- Tenant (Bell Carolina, LLC) covers taxes, insurance, and maintenance, including roof, structure, and parking lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 29072, SC
65,060
Population
26,951
Households
2.4
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
68.0 sq mi
ZIP Area
957
Density / Sq Mi
$103,415
Median Household Income
$55,500
Median Earnings
$1,317
Median Rent
$304,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN ground lease with rent increases every five years and tenant responsibility for taxes, insurance, and maintenance.
Where is this nnn property located?
The property is located at 2464 Augusta Hwy Lexington, SC.
What is the asking price?
The asking price for this property is $2,039,000.
What are key features of this property?
This property features: New 15‑year absolute NNN ground lease with Taco Bell, plus four (4) five‑year option periods; Rent increases 10% every five (5) years through the initial term; Tenant (Bell Carolina, LLC) covers taxes, insurance, and maintenance, including roof, structure, and parking lot
