Taco Bell QSR Ground
740 North Lake Drive Prestonsburg, KY 41653
740 North Lake Drive, Prestonsburg, KY, 41653
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For Sale
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Quick-service restaurant is fully occupied under an absolute NNN ground lease with approximately five years remaining.
Days on Market104
Property Features for 740 North Lake Drive
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
Northmarq San Diego
(818) 907-4690
Listed by
Mike Philbin · License #CA 01922822
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 6:58PM Checked: Jul 21 at 6:58PM
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 Northmarq San Diego
Investment Insights
Based on property information with market context.
The property is a +/- 1,800-square-foot quick-service restaurant originally constructed in 2012 and currently operated as a Taco Bell. It is fully occupied under an absolute NNN ground lease with Sun Culinary, LLC.
The lease term is structured as a 10-year absolute NNN ground lease with approximately five years of primary term remaining. The lease includes six renewal periods, each lasting five years, with rental increases of 10% at the start of each extension period.
This offering is presented for sale to qualified investors seeking exposure to a stabilized QSR with an absolute NNN ground lease structure.
The lease term is structured as a 10-year absolute NNN ground lease with approximately five years of primary term remaining. The lease includes six renewal periods, each lasting five years, with rental increases of 10% at the start of each extension period.
This offering is presented for sale to qualified investors seeking exposure to a stabilized QSR with an absolute NNN ground lease structure.
Key Highlights
- Absolute NNN ground lease with Sun Culinary, LLC (operating as Taco Bell)
- Quick‑service restaurant at 740 North Lake Drive, Prestonsburg, KY, originally constructed in 2012
- +/- 1,800 SF Taco Bell is fully occupied under a 10‑year ground lease
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Quick-service restaurant is fully occupied under an absolute NNN ground lease with approximately five years remaining.
Where is this conventional restaurant located?
The property is located at 740 North Lake Drive Prestonsburg, KY.
What are key features of this property?
This property features: Absolute NNN ground lease with Sun Culinary, LLC (operating as Taco Bell); Quick‑service restaurant at 740 North Lake Drive, Prestonsburg, KY, originally constructed in 2012; +/- 1,800 SF Taco Bell is fully occupied under a 10‑year ground lease
