TACO BELL

INVESTMENT HIGHLIGHTS

• 20-YEAR SALE LEASEBACK – Long term sale leaseback opportunity commencing at the Close of Escrow. The base term is followed by Four, 5-Year options to extend demonstrating the tenants long term commitment to the site.
• ZERO LANDLORD RESPONSIBILITIES – The current lease is Absolute NNN, which means the tenant is responsible for taxes, insurance, CAM, and maintenance making this investment completely passive.
• ATTRACTIVE ANNUAL RENT INCREASES – The lease is subject to 2% annual increases throughout the base term and option periods, providing an excellent hedge against inflation.

ALBOR RESTAURANT GROUP

• EXPERIENCED OPERATOR – Albor is an experienced quick service restaurant operator, with over 30 years of experience as a Taco Bell franchisee
• ANNUAL REVENUE EXCEEDS $59 MILLION – Albor currently generates over $59 million in annual revenue, proving its track record as an established Taco Bell franchisee
• STRONG 30+ UNIT GUARANTEE – The lease is guaranteed by all 32 locations currently operated under Albor Restaurant Group
• EXPANDING FRANCHISEE – Albor is a growing Taco Bell franchisee looking to expand operations with many sites currently under review
• TOP 5 RESTAURANT BRAND – Taco Bell is a top performing brand ranking as the 4th most popular restaurant chain nationwide, with sales exceeding $15 billion in 2023.

LOCATION HIGHLIGHTS

• HIGH FOOT TRAFFIC COUNTS – Property ranks in the top 86th percentile for Taco Bell nationwide, seeing over 290,000+ annual visitors according to PlacerAI.
• IMMEDIATE PROXIMITY TO I-41 (±65,000 VPD) – Location benefits from its immediate proximity to I-41, the main travel artery throughout the state of Wisconsin. Additionally, less than 0.5 miles from the merge of I-41 and I-43, seeing a combined traffic counts of ±80,000 VPD
• EXCELLENT VISIBILITY WITH LARGE FRONTAGE – The subject property is the first building off the I-41 exit leading into the Velp Ave interchange. Additionally, the property benefits from being adjacent to the Memorial Dr and Velp Ave round-a-bout, providing easy access with excellent frontage and visibility.
• COMBINED TRAFFIC COUNTS EXCEED ±90,000 VPD – The location benefits from combined traffic counts exceeding ±90,000 VPD along the surrounding roadways, including I-41, Velp Ave, and Memorial Dr.
• AFFLUENT DEMOGRAPHICS – The average HH income within a 5-mile radius exceeds $77,500 showcasing a strong and robust local economy. Within a 5-mile radius of the property there are over 108,000 residents.
• GREEN BAY MSA – The Green Bay MSA has a population of over 330,000 residents and is the 3rd largest city in the state of Wisconsin. Green Bay is the home of the Green Bay Packers, one of the longest standing NFL teams in the country. The Packers bring in hundreds of thousands of annual visitors to the city.