Lowest Cap Rate
3.89%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.69%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
5.75%
Average Cap Rate over previous quarter
Overview
Taco Bell Restaurants, owned by YUM! Brands, is the leader in Mexican quick service restaurants. Taco Bell has over 5,000 locations country wide with locations in all 50 states. On average, each Taco Bell location does $1.5 million in sales per year. The prototypical Taco Bell location sits on a lot size around 1-1.5 acres and a building size from 2,000-2,600 square feet with a drive thru included. In general, a 20-year lease term can be anticipated with various rent escalations.
Property & Lease
Sales Price Range$1,675,000 - $2,650,000
NOI Range$75,000 - $135,000
Building SF2,000 - 2,600
Lease Term20 Years
EscalationsVaries
Stock SymbolNYSE:YUM
Credit Rating
S&PBB+
Moody'sBa2
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
5.39
5.11
5.43
5.44
4.89
4.69
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
Jackson, TN5.45%
Basehor, KS5.11%
Grand Island, NY6.25%
Top Consumer Traffic
Fort Wayne, IN863,600
Pacifica, CA794,300
Minneapolis, MN616,700
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data