Taco Bell

Newbern, Tennessee, is a small, close-knit town located in Dyer County, in the northwestern part of the state. Known for its warm hospitality and rich history, the town exudes charm and simplicity. With a population of just over 3,000 residents, Newbern offers a quintessential small-town atmosphere, where community and tradition take center stage. The town is perhaps best recognized for its railroad heritage, highlighted by the historic Newbern Depot, a restored train station that serves as a reminder of the town's significance during the early 20th century when railroads were a vital part of American life. Beyond its historical roots, Newbern boasts a peaceful, family-friendly environment, with several local parks, schools, and annual events that bring residents together. The surrounding countryside offers picturesque farmland and opportunities for outdoor activities. While maintaining its traditional values, Newbern is also home to small businesses and local dining establishments that contribute to its unique character. Its proximity to larger cities like Dyersburg provides residents with access to additional amenities, making it a comfortable blend of rural tranquility and modern convenience.Fortis Net Lease is pleased to present a free-standing Taco Bell located in Newbern, TN. At Close of Escrow, K-MAC Enterprises will sign a new 25-year lease which will expire in February 2050. The absolute NNN lease will require zero landlord responsibilities and will include 1% annual rent increases to hedge against inflation. These rent escalations are also included in the four, five-year option periods. 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.