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TACO BELL
NNN Investment7501 Annapolis RoadLandover Hills, Maryland 20784
DAVE DELATORRET 619 247 8585 F 828 459 3066
Taco Bell NNN InvestmentPROPERTYTaco Bell Restaurant
LOCATION7501 Annapolis Road, Landover Hills, Maryland 20784
SALES PRICE$2,800,000
CAPITALIZATION RATE5.0%
RENT
YEAR BUILTThe Taco Bell was originally constructed in 1981 and remodeled to Taco Bell’s current image standards in 2011.
BUILDING SIZEApproximately 2,225 square feet
LAND PARCEL SIZEApproximately 18,615 square feet
PRIMARY LEASE TERM & OPTION PERIODSNew 20 year Primary lease term commencing August 1, 2018 with 4 five year options.
RENTAL INCREASES10% rent increases every 5 years including options.
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EXECUTIVE SUMMARY
Years 1-5 Years 6-10 Year 11-15 Years 16-20
Monthly $11,667 $12,834 $14,117 $15,529
Annual $140,000 $154,000 $169,400 $186,340
DAVE DELATORRET 619 247 8585 [email protected]
TENANT INFORMATION
MUY Brands LLC, a Texas Limited Liability Company
who owns and operates 79 Taco Bell restaurants in
Connecticut, New York, Pennsylvania, New Jersey, and
Virginia. The company was founded in 2007 and acquired
the existing Taco Bell restaurants in 2012 from another Taco
Bell franchisee called El Rancho Foods who operated the
restaurants for over many years prior to MUY Brands LLC
acquiring the former El Rancho company.
MUY Brands LLC is also part of the MUY Companies which
operate another 364 Pizza Hut Restaurants in Texas,
6 southeast states, and Minnesota and who are one of
the largest Pizza Hut franchisees in America. Anoth
MUY company called MUY Hamburger Partners LLC was
established in 2012 and is currently the second largest a
Wendy’s franchisee who operates 312 Wendy’s restaurants
in the Ohio, Texas, and New York markets. The collective
MUY Companies own & operate 754 restaurants and were
recently recognized by Nation’s Restaurant News 2017
industry survey as the 5th largest franchisee in America
with revenues approaching $1 billion. Please visit the
company website at www.muycompanies.com for additional
information on the company.
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Taco Bell NNN InvestmentEXECUTIVE SUMMARY
4DAVE DELATORRET 619 247 8585 [email protected]
Taco Bell NNN InvestmentEXECUTIVE SUMMARY
COMMENTSThe Taco Bell restaurant is extremely well located in the heart Landover
Hills on Annapolis Road near the Highway 410 intersection. The location has
continuous traffic during AM, mid-day, and evening hours with traffic counts
which exceed 40,000 cars per day. Taco Bell is surrounded by Landover’s
dense residential neighborhoods to the south, Woodlawn and East
Riverdale to the west, and New Carrolton and Goddard to the north. There
are over 20,000 people in a 1 mile radius, approximately 150,000 in a two
mile radius, and over 230,000 in a 3 mile radius with average household
incomes in the $60,000 to $70,000 range.
There is also a tremendous daytime population from a number of major
employment centers including NASA Goddard Space Flight Center which
has 10,000+ employees plus numerous other aerospace & technology
companies that support NASA at Goddard. There is over 1 million SF of high
end office parks complexes in Lanham Hills and New Carrolton including
the Internal Revenue Service Building, a Marriott hotel, and the New
Carrolton AMTRACK train station. Dodge Park and Ardwick Park are two
major industrial parks which feature large big box industrial, manufacturing,
and distribution companies that creates a large day time population of
employees in the trade area.
5DAVE DELATORRET 619 247 8585 [email protected]
Taco Bell NNN InvestmentEXECUTIVE SUMMARY
The Taco Bell location is directly across from the Giant Grocery store
anchored Glenridge Shopping Center which is the main grocery store
serving the trade area. The Super Walmart anchored Capital Plaza shopping
center and the 200,000+ SF New Shoppes at New Carrolton Power center
is anchored by Lowe’s and a Shopper’s discount grocery store bracket
Taco Bell on either side. There are also several fast food restaurants and
service oriented retail strip centers clustered along Annapolis Road in
both directions which creates a lot of retail synergy around the Taco Bell
restaurant.
The Taco Bell site enjoys easy access to Highway 50 which has over 110,000
cars per day and the Capital Beltway interchange at Highway 495 which
has over 210,000 care per day. Landover Hills is within close proximity to
Ronald Raegan Airport in Washington, Baltimore/Washington International
airport, and Washington Dulles airport. Landover Hills is approximately
20 minutes from downtown Washington DC and Annapolis Maryland and
only 10 minutes away from College Park Maryland and the University of
Maryland.
7DAVE DELATORRET 619 247 8585 [email protected]
Taco Bell NNN InvestmentAERIAL VIEWS
SUBJECT PROPERTY
Giant Foods Anchored Shopping
Center
Capital Lanes Plaza Shopping Center – a 38,000 SF Shopping Center
Crestview Shopping Center
Taco Bell NNN InvestmentAERIAL VIEWS
8DAVE DELATORRET 619 247 8585 [email protected]
SUBJECT PROPERTY
Dodge Park & Ardwick Park
Industrial Complex
Walmart Anchored Capital Plaza Shopping Center
Internal Revenue Office Complex, Computer Science Corp & Office Complex & AMTRACK Commuter Station
Lowe’s & Shoppers Discount Grocery Store Center
New Carrolton & Lanham Office Complexes and Marriott Hotel Featuring over one million SF of corporate office space
Dodge Park Industrial Center & Ardwick Park Industrial Complex
Woodbridge Town Center – COSTCO, Wegman’s Grocery Store & PharmacyBest BUY, & Party City
Landover Hills Taco Bell Trade Area Generators
9DAVE DELATORRET 619 247 8585 [email protected]
Taco Bell NNN InvestmentMAPS
SUBJECT PROPERTY
SUBJECT PROPERTY
10DAVE DELATORRET 619 247 8585 [email protected]
Giant Grocery Store Glenridge Shopping Center Retail Shops
Lowe’s Home Improvement Center
Shoppers Discount Grocery Store Staples Shopping Center Staples Shopping Center
Taco Bell NNN InvestmentTRADE AREA
11DAVE DELATORRET 619 247 8585 [email protected]
Taco Bell NNN InvestmentTRADE AREA
Walmart Super Store AMF Bowling Alley Landover Hills Office Complex
Dodge Park Industrial Buildings Dodge Park Industrial Buildings Ardwick Industrial Park Buildings
12DAVE DELATORRET 619 247 8585 [email protected]
Taco Bell NNN InvestmentTRADE AREA
KFC Restaurant CVS Drug Store 7-11 Retail Center
Retail Center BP Gas & C Store Bank of America Building
13DAVE DELATORRET 619 247 8585 [email protected]
Taco Bell NNN InvestmentAREA INFORMATION
Landover HillsLandover Hills is a small (~500 residences), quiet
municipality located inside the Washington,
DC beltway in northern Prince George’s County,
Maryland. It is a pleasant suburban community
situated on approximately 150 acres of rolling hills
with large trees and contains 4.5 miles of streets.
We are about 1 mile from the New Carrollton Metro
(subway) and MARC station and are similarly
close to U.S. Route 50 (John Hanson Highway), the
Baltimore/Washington Park-way and the beltway.
Goddard Space Flight Center (GSFC), located in
Greenbelt, MD, is the largest combined organization
of scientists and engineers in the United States
dedicated to increasing knowledge of the Earth,
the Solar System, and the Universe via observations
from space. GSFC is a major U.S. laboratory for
developing and operating unmanned scientific
spacecraft. GSFC conducts scientific investigation,
development and operation of space systems, and
development of related technologies.
DAVE DELATORRET 619 247 8585 F 828 459 3066
7486 La Jolla Boulevard, Suite 173La Jolla, California 92037
