Fortis Net Lease

• 25 Year Absolute NNN Lease
• Brand New Construction | Opened in December 2017
• Absolute NNN Lease Requires Zero Landlord Responsibilities
• 1% Annual Increases Including the Option Periods
• Top Franchisee Nationwide (291 Locations)

Fortis Net Lease is pleased to present a brand new free-standing Taco Bell located at 11081 S. Oklahoma State Highway 51, Broken Arrow (City of Coweta), OK 74014. At the close of Escrow, K Mac Enterprises will sign a new 25 year absolute NNN lease requiring zero landlord re-sponsibilities and which will not expire until December 2042. The entire 291 unit entity will be responsible for the lease. The lease will feature 1% annual rent increases to hedge against inflation. These rent escalations are also be included in the Four 5 year option periods.

This investment property is surrounded by many national retailers such as Walmart, Subway, Dollar General, Napa Auto Parts, Sonic, Walgreens, McDonalds, Little Caesars, O’Reilly Auto Parts, and many more. The five mile population exceeds 29,000 residents. The median home value within one miles exceeds $181,000 and the average household income within three miles exceeds $91,000. This is an ideal opportunity for an investor to purchase a passive income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance and capital expenditures including the roof, structure & HVAC.