2300 Interstate Circle

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2300 Interstate Circle

Mansfield, OH 44903
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B

What's Special

37 Year Operating History <p><strong>Lease & Location Highlights</strong></p><ul><li>​ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)</li><li>​±8.25 years of remaining lease term, with four (4), five-year renewal options</li><li>​37 year operating history with extremely strong sales (contact agent for details)</li><li>​Taco Bell signed a brand new 20-year lease in 2014, proving their long term commitment to the location and market</li><li>​Annual rent escalations of 1.5% support steady organic income growt

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times