This exceptional investment opportunity presents a brand-new, 2,500 square foot Taco Bell built in 2024, located at 504 Maxfield Rd, Big Stone Gap, VA 24219. The property sits on a 0.83-acre lot and boasts a 25-year absolute NNN lease commencing October 19, 2024, and expiring October 31, 2049, with 1% annual rent bumps. The lease is backed by Tacala Tennessee Corp, a highly successful operator of over 370 Taco Bell locations, providing a strong financial guarantee covering 93+ units. The property enjoys excellent visibility and accessibility, situated near Mountain Empire Community College (approximately 2,700 students), Union High School, Powell Valley Primary School, and Union Middle School (over 2,200 combined students), Lonesome Pine Hospital, and downtown Big Stone Gap. The current Net Operating Income (NOI) is $162,500, yielding a 5.35% cap rate at the asking price of $3,037,000. The lease includes six, 5-year renewal options. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term income potential and a strong tenant with an established track record. The property is 100% occupied and benefits from the brand recognition and consistent performance of a leading QSR franchise.
Highlights
25-year base lease, a rare offering.
$4.6 million in guaranteed annual income.
6.04% average capitalization rate (at list price).
New construction Taco Bell, featuring the latest prototype design.
Absolute NNN lease; no landlord responsibilities.
Strong financial guarantee from Tacala Tennessee Corp., operating 370+ Taco Bell locations.
The property is located at 504 Maxfield Rd Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $3,037,000.
What are key features of this property?
This property features: 25-year base lease, a rare offering.; $4.6 million in guaranteed annual income.; 6.04% average capitalization rate (at list price).
How can I contact the broker?
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Contacts
Calvin Short
Matt Coates
Gary Chou
Aron Cline
Alex McDonald
Visit Broker Website
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Maxfield Rd Big Stone Gap, VA 24219
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Maxfield Rd Big Stone Gap, VA 24219
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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504 Maxfield Rd
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