Taco Bell (Ground Lease) 1083 Chippewa Crossing Blvd

The Boulder Group is pleased to offer for sale a single tenant Taco Bell ground lease located in Chippewa Falls, Wisconsin. Construction was completed in 2024. The proposed sale leaseback term is 25 years and has no landlord responsibilities. There will be 10% rental escalations every five years throughout the primary term and five 5-year renewal options. The operator, Pacific Bells, currently operates over 300 locations and will guaranty the lease.
The 2,279 square-foot building was recently constructed in the new Chippewa Crossing retail development. The development is designed to serve the local community and attract regional visitors. It features a mix of retail spaces, restaurants, and service providers, and is positioned strategically near major roadways, such as US Highway 53 and County Highway S, which offer high visibility and easy access. Tenants now occupying the development include Festival Foods, Ford, Culver’s, Caribou Coffee, and Kwik Trip. There are over 29,600 people living within a five-mile radius earning an average household income of $98,072. The property is located less than five minutes from downtown Chippewa Falls.
Pacific Bells is one of the largest Taco Bell franchisees in the United States, with over 300 Taco Bell locations across multiple states. Founded in 1989 by Tom Cook and Dennis Bagshaw, the company has steadily expanded its footprint through organic growth and acquisitions of existing Taco Bell units. Pacific Bells is known for its commitment to providing quality service, excellent food, and a positive working environment for its employees. Headquartered in Vancouver, Washington, the company operates in several states, including Washington, Oregon, Ohio, and Tennessee. Its leadership emphasizes employee development, offering training programs and career advancement opportunities within the organization.