8169 Guide Meridian Road, Lynden, WA 98264
- $2,125,000
Listing courtesy of Windermere Real Estate Whatcom.
- List Price
- $2,125,000
- Status
- ACTIVE
- MLS#
- 2228940
- Days on Market
- 10
Property Description
Brand-New Construction Taco Bell. 25-year Ground Lease with six five-year Options. 10% rent increases every 5 years provide a hedge against inflation. No landlord management making this an ideal opportunity for a local or out-of-area investor. Located in WA, an income tax free state. Leased to Pacific Bells, a successful franchisee of the Taco Bell Corporation, operating more than 271 restaurants in 9 states. Site features a dedicated future expansion option for a double drive-thru for added service volume with population growth. Excellent Access/Visibility – located along the frontage of State Route 539, (Guide Meridian) a highly trafficked north-south retail corridor with approx. 20,000+ vehicles per day.
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Additional Information
- Community
- Lynden
- Style
- 60 - Comm Bldg Und 10K
- Driving Directions
- Interstate 5 to Guide Meridian (SR-539) North for 11 miles, enter Lynden, on west side of Road.
- Buyer Agency Compensation
- 2.5
- Net Operating Income
- $85,000
- Gross Scheduled Income
- $85,000
- Cap Rate
- 4
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