Skip to main content

Restaurant

Taco Bell - Houston, TX MSA - 20+ Years Remaining

402 US-90, Dayton (Houston MSA), TX 77535

Listing Price: $2,516,504

Cap Rate
5.15%
Tenant Name
Taco Bell
Years Remaining On Lease
20.6
Guarantor
Franchisee Guarantee
Rentable SF
2,082
Lease Type
Ground Lease
Rent Per Square Feet
$62.25

Investment Overview

GROUND LEASE ZERO LANDLORD RESPONSIBILITIES: Tenant Covers Taxes, Insurance, Maintenance, Roof And Structure. Land Ownership With No Management Obligation.

$18.361B SYSTEM SALES YUM! BRANDS RATED BB+ / STABLE: 9,046 Restaurants Worldwide And $1.129 Billion In 2025 Operating Profit. (NYSE: YUM).

±20.8 YEARS REMAINING FIVE 5-YEAR OPTIONS TO 2072: Original 25-Year Primary Term Running Through May 2047

NINE STRAIGHT QUARTERS OF OUTPERFORMANCE: 10,000 U.S. UNITS BY 2030 Same-Store Sales Grew 7% In 2025 And Again In Q2 2026. AUV Target Rising From $2.2M To $3.0M.

8% INCREASES EVERY 5 YEARS - 36% PRIMARY-TERM NOI GROWTH: Rent Grows From $120,000 To $163,259 Through 2047 And $239,881 By 2072.

US 90 RETAIL NODE - $108,274 AVERAGE FIVE-MILE INCOME: Fronting Dayton’s Main Commercial Corridor Alongside Walgreens, McDonald’s, Sonic, Wendy’s And Popeyes.

2022 CONSTRUCTION CURRENT-GENERATION PROTOTYPE: 2,082-SF Drive-Thru Taco Bell | 25,149 SF Property

TOP-10 FASTEST-GROWING U.S. COUNTY - $2B+ IN LOCAL DEVELOPMENT: Liberty County Grew 4.4% In One Year. Gulf Inland Logistics Park Projects $2 Billion And 10,000 Jobs; Trinity Landing Delivers 1,000 Homes On Highway 90.

Investment Highlights

  • Ground Lease | Zero Landlord Responsibilities
  • ± 20.8 Years Remaining | Five, 5-Year Options To 2072
  • 8% Increases Every 5 Years | 36% Primary Term NOI Growth
  • 2022 Construction | Current Generation Prototype
  • $18.361B System Sales | YUM! Brands Rated BB+/Stable
  • Nine Straight Quarters Of Outperformance | 10,000 U.S. Units By 2030
  • US 90 Retail Node | $108,274 Average Five Mile Income
  • Top 10 Fastest Growing U.S. County | $2B+ In Local Development

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Taco Bell - Houston, TX MSA - 20+ Years Remaining

Listing Price: $2,516,504

Cap Rate
5.15%
Tenant Name
Taco Bell
Years Remaining On Lease
20.6
Guarantor
Franchisee Guarantee
Rentable SF
2,082
Lease Type
Ground Lease
Rent Per Square Feet
$62.25

Investment Highlights

  • Ground Lease | Zero Landlord Responsibilities
  • ± 20.8 Years Remaining | Five, 5-Year Options To 2072
  • 8% Increases Every 5 Years | 36% Primary Term NOI Growth
  • 2022 Construction | Current Generation Prototype
  • $18.361B System Sales | YUM! Brands Rated BB+/Stable
  • Nine Straight Quarters Of Outperformance | 10,000 U.S. Units By 2030
  • US 90 Retail Node | $108,274 Average Five Mile Income
  • Top 10 Fastest Growing U.S. County | $2B+ In Local Development

Investment Overview

GROUND LEASE ZERO LANDLORD RESPONSIBILITIES: Tenant Covers Taxes, Insurance, Maintenance, Roof And Structure. Land Ownership With No Management Obligation. $18.361B SYSTEM SALES YUM! BRANDS RATED BB+ / STABLE: 9,046 Restaurants Worldwide And $1.129 Billion In 2025 Operating Profit. (NYSE: YUM). ±20.8 YEARS REMAINING FIVE 5-YEAR OPTIONS TO 2072: Original 25-Year Primary Term Running Through May 2047 NINE STRAIGHT QUARTERS OF OUTPERFORMANCE: 10,000 U.S. UNITS BY 2030 Same-Store Sales Grew 7% In 2025 And Again In Q2 2026. AUV Target Rising From $2.2M To $3.0M. 8% INCREASES EVERY 5 YEARS - 36% PRIMARY-TERM NOI GROWTH: Rent Grows From $120,000 To $163,259 Through 2047 And $239,881 By 2072. US 90 RETAIL NODE - $108,274 AVERAGE FIVE-MILE INCOME: Fronting Dayton’s Main Commercial Corridor Alongside Walgreens, McDonald’s, Sonic, Wendy’s And Popeyes. 2022 CONSTRUCTION CURRENT-GENERATION PROTOTYPE: 2,082-SF Drive-Thru Taco Bell | 25,149 SF Property TOP-10 FASTEST-GROWING U.S. COUNTY - $2B+ IN LOCAL DEVELOPMENT: Liberty County Grew 4.4% In One Year. Gulf Inland Logistics Park Projects $2 Billion And 10,000 Jobs; Trinity Landing Delivers 1,000 Homes On Highway 90.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (972) 755-5200

    License(s): TX: 9002994

    Texas

MM Texture Background
MM Textured Background Lower