DAYTON, NV – Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Taco Bell, a 2,500 square-foot net-leased property located in Dayton, NV, according to Justin C. White, regional manager of the firm’s Las Vegas office. The asset sold for $2,550,000.
Tina D. Taylor and Chris Cunning, investment specialists in Marcus & Millichap’s Las Vegas office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
Taco Bell is located at 2 Pine Cone Road in Dayton, NV. It is an outparcel of a Smith’s grocery anchored center. Dayton Nevada is located in Northern Nevada in Lyon County, a bedroom community to the state capital, Carson City.
Taco Bell is one of the top fast food restaurants in the country. This location is operated by Las-Cal Corporation. Las-Cal Corporation is the Nevada franchisee operating 65 locations for over 45 years. This particular store, as in all Nevada locations, will be offering the new and exciting breakfast menu first quarter of 2014. The building was constructed in 2005 and is in excellent condition. This offering provides an opportunity for the investor looking for an absolute triple-net (NNN) lease that requires no management responsibility.
About Marcus & Millichap
With over 1,300 investment professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 6,600 transactions in 2013 with a value of approximately $24 billion. The company has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com
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