70 Homer M Adams Pkwy Alton, IL 62002

Listing agency Westwood Net Lease Advisors LLC

Listed by Chris Schellin · License #MO 2005017398

Source Crexi

Added: Apr 12 Updated: Jul 21 at 4:26AM Checked: Jul 21 at 4:26AM

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Investment Insights

Based on property information with market context.

This Taco Bell restaurant is offered as an absolute NNN property with a long-term lease. The base term expires in approximately 12.5 years, with rent increases of 1.5% annually throughout the base term and option periods. The lease is guaranteed by Bell Missouri, LLC, and the tenant is described as a subsidiary of Bell America, which manages more than 200 units. Remarks also reference a healthy rent/sales ratio and store sales performance.

The property is located in a busy retail corridor with traffic counts of +15,900 AADT. Alton is described as a suburb of St. Louis, approximately 25 miles from downtown.

Inquire with the broker for additional lease and financial details.

Key Highlights

• Absolute NNN lease with remaining base term through 12.5 years
• Lease features 1.5% annual rent increases throughout the base term and option periods
• Long‑term lease is guaranteed by Bell Missouri, LLC (operator of 66 units)

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FAQs

What type of property is this?

Conventional restaurant - Absolute NNN lease with 1.5% annual rent increases and remaining base term through 12.5 years.

Where is this conventional restaurant located?

The property is located at 70 Homer M Adams Pkwy Alton, IL.

What are key features of this property?

This property features: Absolute NNN lease with remaining base term through 12.5 years; Lease features 1.5% annual rent increases throughout the base term and option periods; Long‑term lease is guaranteed by Bell Missouri, LLC (operator of 66 units)