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Net Lease Profile: Taco Bell

Taco Bell is an American chain of fast-food restaurants based in Irvine, California.

By Jonathan Hipp | Updated on March 07, 2012

Taco Bell typically features a 2,000 – 3,000 +/- SF building with a drive-thru window, situated on .5 – 1.0 acre of land. It is important to note that Taco Bell franchises the majority of its locations. There are a number of various lease agreements and guarantors operating under the Taco Bell banner. As a result, lease terms vary as do cap rates based on the size and strength of the operator and sales at a particular location. Generally the lease term is 20 years with 4 five year options with increases of 10% every 5 years. 

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