PRI P R I CING & F INAN CI AL AN ALYSI S
TACO B E LL - C ANYO N, T X
Taco Bell 611 23rd St Canyon, TX 79015
OFFERING SUMMARY Price Cap Rate Net Operating Income Year Built Gross Leasable Area Lot Size
ANNUALIZED OPERATING DATA $1,125,000
Commencement
Annual
Increase
1-5
9/27/2016
$64,626
-
$64,626
6-10
10/1/2021
$67,858
5.00%
2010
11-15
10/1/2026
$71,250
5.00%
16-20
10/1/2031
$74,813
5.00%
Option 1: 21-25
10/1/2036
$78,554
5.00%
Option 2: 26-30
10/1/2041
$82,481
5.00%
Option 3: 31-35
10/1/2046
$86,605
5.00%
Option 4: 36-40
10/1/2051
$90,936
5.00%
Option 5: 41-45
10/1/2056
$100,029
10.00%
5.75%
2,236 SF 0.67 Acres
LEASE SUMMARY Lease Term Lease Commencement
20 Years 9/27/2016
Lease Expiration
9/30/2036
Remaining Term
18 + Years
Lease Type Roof & Structure Increases Options Options to Purchase
Year(s)
NET OPERATING INCOME
$64,626
NNN Tenant Yes 5x5 ROFR
F I N A N C I A L A N A LY S I S
2