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169 US Hwy 17Palatka, FL 32131
Taco Bell | Palatka, FL
Asset ClassRetail
Year Built2019
Square Feet: 2,720Cap Rate: 6%Access Data Room
ABSOLUTE NNN LEASE | STRUCTURED RENT INCREASES | MODERN CONSTRUCTION

Investment Highlights

MSA
Gainesville
  • Absolute NNN Lease: 15-year absolute triple-net lease with approximately 10 years remaining on the primary term; tenant assumes full responsibility for all expenses, including roof, structure, and maintenance, minimizing landlord obligations.
  • Corporate Guarantee: Lease guaranteed by U.S. Leader Restaurants, Inc., a well-capitalized and experienced 19-unit Taco Bell franchisee with a strong operational history.
  • Institutional-Grade Tenant: Occupied by Taco Bell, one of the nation’s leading quick-service restaurant (QSR) brands, operating over 8,200 locations across the U.S.
  • Modern Construction: Built in 2019, the property features Taco Bell’s current prototype design with drive-thru capabilities, enhancing operational efficiency and throughput.
  • Structured Rent Increases: 10% rental escalations every five years, including during option periods, provide predictable and growing income streams.
  • Long-Term Income Security: Approximately ±10 years of remaining primary lease term with five (5) additional five-year renewal options, offering durable cash flow and tenant retention potential.
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169 US Hwy 17Palatka, FL 32131

EXCLUSIVELY LISTED BY

Daniel GonzalezVP & Associate Director, Net Lease Retail(305) 395-6972daniel.gonzalez@matthews.com
Connor KnauerVice President & Associate Director

License #: 413436 (GA)

+1 (404) 400-2794connor.knauer@matthews.com
Kyle MatthewsBroker of Record

License #: CQ1066435 (FL)

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