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Virtual Drive-By

Taco Bell Absolute NNN

937 Main St · Atchison, KS 66002 · QSR / Restaurant

Asking price
$2,181,800
Cap rate
5.50%
NOI
$120,000

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Lease

Lease typeAbsolute NNN
Term remaining20.0 yrs
Expiration—
Rent bumps8% Increase Every 5 Years
OptionsFour 5-Year Options
Ground leaseNo
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,061
Price / SF$1,092
Year built2017
Lot size0.62 ac
TypeQSR/Fast Food, Restaurant
Days on market94

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

  • ​New 20 Year Absolute NNN Lease Signed at Close of Escrow
  • ​Zero Landlord Responsibilities
  • ​Proven location with 8 Year Sales History
  • ​Low 6.0% Rent to Sales Cost Ensuring Success at this Location
  • ​Multi-Unit Experienced Operator (30+ Years)

Property overview

Fortis Net Lease is pleased to present the opportunity to acquire an Absolute NNN Fee Simple investment occupied by Taco Bell and located at 937 Main Street in Atchison, Kansas.​ The property features a 2,061 square foot freestanding restaurant situated on a 0.62-acre parcel along Main Street, a primary commercial corridor serving the Atchison trade area.​ At the close of escrow, the tenant, KC Bell will sign a brand new 20 year Absolute NNN lease which will expire in 2046.​ This store has been in operation for 8 years so it has proven sales and a low 6.0% Rent to Sales Ratio.​

KC Bell has been a Taco Bell Franchisee for more than 30 years and operates more than 30 locations with more under development.​ The absolute NNN lease will require zero landlord responsibilities and includes 8% increase every 5 years.​ These rent escalations are also included in the four, five year option periods.​

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.