| Purchase Price | $2,640,000 |
|---|---|
| Annual Rental Income | $141,240 |
| Cap Rate | 5.35% |
| Lease Term | 17 Years |
| City | Port St Lucie MSA |
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Taco Bell – Absolute NNN Investment
Port St. Lucie MSA | Corporate-Guaranteed Lease | High-Growth Florida Market
This listing offers a premier opportunity to acquire a single-tenant, Taco Bell absolute NNN lease property located in the heart of the Port St. Lucie Metropolitan Statistical Area (MSA), one of the fastest-growing markets in Florida. Featuring a long-term, corporate-guaranteed lease with no landlord responsibilities, this property is backed by a nationally recognized tenant operating in a pro-growth, tax-friendly state. With robust demographics, strong traffic counts, and a strategic location along the Treasure Coast, this asset offers secure, passive income in a market primed for long-term appreciation.
Tenant Overview – Taco Bell | Net Lease QSR Investment
Taco Bell, a leading fast-food concept under the Yum! Brands portfolio, is a dominant force in the quick-service restaurant (QSR) sector. With more than 8,000 locations nationwide and a consistent track record of profitability, Taco Bell continues to outperform many of its peers by innovating menu offerings, embracing mobile/digital ordering, and maximizing operational efficiency through its drive-thru-centric model.
The lease structure is an absolute triple net (NNN), where the tenant is solely responsible for all expenses associated with the property—including real estate taxes, insurance, and building maintenance. These leases typically include a 20-year base term with multiple 5-year renewal options and regular rent escalations every five years, providing investors with reliable income growth and long-term cash flow predictability.
Taco Bell net lease assets are widely regarded by private investors, REITs, and 1031 exchange buyers as core holdings within any NNN portfolio. The brand’s staying power, adaptability, and national credit backing make it one of the most sought-after QSR tenants in today’s net lease marketplace.
Location Overview – Port St. Lucie MSA | Treasure Coast Market
The subject property is located in the Port St. Lucie MSA, which encompasses a rapidly expanding area along Florida’s Treasure Coast. Port St. Lucie has emerged as one of the fastest-growing cities in the nation, with a current population of over 230,000 and double-digit percentage growth over the last decade. The surrounding MSA continues to benefit from strong residential development, business expansion, and in-migration from high-tax states.
Florida’s favorable tax environment—with no state income tax—attracts individuals, families, and businesses, all contributing to sustained population growth and commercial demand. Port St. Lucie in particular has attracted developers, national retailers, and employers due to its affordability, transportation access, and quality of life.
The Taco Bell site sits in a highly visible and heavily trafficked corridor surrounded by national retailers, grocery stores, schools, and residential subdivisions. Daily traffic counts in the immediate area frequently exceed 20,000 vehicles per day, with drive-thru volume further enhanced by proximity to major intersections and highway access. The surrounding area has become a retail and service hub for the Treasure Coast, supporting consistent customer traffic and strong tenant sales performance.
Demographics within a 5-mile radius show a growing, stable, and increasingly affluent population. Port St. Lucie is popular with both retirees and young families, resulting in a balanced consumer base with strong daytime and evening foot traffic. Average household income in the trade area exceeds $75,000, with continued upward trends supported by new construction and migration from Miami-Dade, Broward, and Palm Beach counties.
Why This Taco Bell in Port St. Lucie Stands Out
Established National Tenant
Backed by Yum! Brands, Taco Bell is one of the most established and reliable tenants in the QSR sector. The brand’s innovation, marketing power, and operational scale make it a proven performer in nearly all retail environments, including emerging suburban growth markets like Port St. Lucie.
Absolute NNN Lease with Built-in Escalations
The lease is structured as an absolute triple net, requiring no landlord responsibilities. It includes scheduled rental increases, providing consistent income growth and an effective hedge against inflation—ideal for buyers seeking stable, long-term income from a passive real estate investment.
Strategic Florida Location with Explosive Growth
Port St. Lucie is a top Florida market for long-term investment. With a growing population, increased infrastructure spending, and expanding residential developments, this region is poised for continued appreciation and commercial strength. The property’s location along a high-traffic corridor with strong co-tenancy supports long-term tenant performance.
High Visibility and Access
The site features excellent access and frontage with visibility to thousands of daily commuters. Its position in a major suburban corridor ensures consistent vehicle and foot traffic, making it ideal for a drive-thru QSR like Taco Bell. Surrounding tenants include Publix, Walmart, Walgreens, CVS, and other national brands, further enhancing consumer draw.
Florida Tax Advantages
With no state income tax, investors enjoy enhanced net returns. Florida also offers favorable estate planning and asset protection benefits, making it a preferred destination for both institutional and private real estate investors. This deal combines the passive income structure of a true NNN lease with the state’s compelling tax climate.
Turnkey Passive Investment
This Taco Bell investment requires no on-site management or day-to-day oversight. All operating expenses are handled by the tenant, offering pure “mailbox money” income. For investors seeking hands-off ownership, long-term security, and reliable cash flow, this property checks all the boxes.
Key Investment Highlights
Conclusion
This Taco Bell NNN offering represents an outstanding opportunity to acquire a premium, passive income-producing real estate asset in a high-growth Florida market. With a corporate-guaranteed lease, absolute NNN structure, inflation-resistant income, and strategic location in the booming Port St. Lucie MSA, this property offers all the hallmarks of a trophy QSR investment.
Whether you are completing a 1031 exchange, diversifying your portfolio with dependable income, or targeting high-credit, long-term tenants in growing Sunbelt markets, this asset delivers stability, simplicity, and strategic upside. As Florida continues to outpace the national average in migration and economic growth, assets like this Taco Bell will only become more valuable and sought-after.
Contact us today to request the offering memorandum, tenant information, or to schedule a tour. Quality net lease QSR properties in Florida are in high demand—don’t miss this chance to acquire a true turnkey investment in one of the state’s most promising markets.