Listing courtesy of Windermere Real Estate Whatcom.
Brand-New Construction Taco Bell. 25-year Ground Lease with six five-year Options. 10% rent increases every 5 years provide a hedge against inflation. No landlord management making this an ideal opportunity for a local or out-of-area investor. Located in WA, an income tax free state. Leased to Pacific Bells, a successful franchisee of the Taco Bell Corporation, operating more than 271 restaurants in 9 states. Site features a dedicated future expansion option for a double drive-thru for added service volume with population growth. Excellent Access/Visibility – located along the frontage of State Route 539, (Guide Meridian) a highly trafficked north-south retail corridor with approx. 20,000+ vehicles per day.