Taco Bell – Jonesboro, GA

The Issenberg-Britti Group of Surmount is pleased to present for sale this Taco Bell Restaurant located at 8127 Tara Blvd. in Jonesboro, Georgia (Population 4,235) 18 miles south of Atlanta and the historic setting for the movie “Gone with the Wind.” This new 20 Year Sale Leaseback has 7.5% increases every five years including four five-year option periods and is backed by a 20-unit Taco Bell MSA Operating Company.
Numerous apartment complexes surround this Taco Bell property including Riverwood Townhouses, Hearthside Jonesboro, Bloom at Jonesboro Apartments, Flint River Apartment Homes, Tara Hill Apartment Homes, Tara Bridge Apartments and Asian on the River.
Brand new home developments in the area include Walden Park by Rockhaven Homes (210 new townhomes), Ivey Ridge by D. R. Horton (68 New Single-Family Homes), Century Communities and Crown Communities.
Taco Bell Corp. is a major American fast-food chain owned by parent company Yum! Brands, Inc. The company is headquartered in Irvine, California and operates 8,212 restaurants serving over 2 billion customers each year and 94 percent of which are owned and operated by independent franchisees and licensees.

Investment Overview

Price$2,285,714.00
Cap Rate5.25%
NOI$120,000.00
Year Built1989
Lease ExpirationOctober 31, 2046

8127 Tara Boulevard
Jonesboro, GA 30236

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