$2,125,000 $11,407 est/mo Sourced by Back At You

8169 Guide Meridian Road,Lynden, WA 98264

Lynden WA, 98264

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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.

Details

MLS#2228940
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site28
Listing Provided ByWindermere Real Estate Whatcom | Jason Heutink

Features

Market Activity 98264

 The three trees icon appears on listings courtesy of NWMLS.

 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 2 minutes ago
StateWA
CountyWhatcom
CityLynden
Zip Code98264
Area885 Lynden
Community NameLynden
Listing VS Median (in Lynden)
Price:
$2,125,000
low | high
Med:
$699,000
100% of Average
On Site:
28
low | high
Med:
10.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 7:21:51 AM PDT