TACO BELL PORTALES NEW MEXICO

Barry Silver announces the sale of a single tenant Taco Bell QSR located in Portales, New Mexico. The newly constructed, freestanding restaurant with drive through window, is located at 1001 West First Street (aka U.S. Highway 70). This strategic location is within walking distance to Eastern New Mexico University. The operator, Tex Mex Crunchtime is a growing multi-unit Taco Bell franchisee. This location was selected due to the lack of competition in Portales. The triple net lease has a 20 year primary lease term. The Property was acquired by an east coast partnership. Taco Bell is a subsidiary of YUM! Brands, Inc. and is the nation’s leading Mexican inspired QSR chain with 6,000 U.S. locations. Investor interest for investment property operated for Taco Bell continues to exceed supply. The sale price was $1,302,000.