Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Chicago & Midwest  + Midwest  | 
Net Lease Taco Bell Kansas City MO Hanley Investment Group

Hanley’s Lefko and Asher Close 3 Taco Bell Sales in the Midwest

Hanley Investment Group Real Estate Advisors arranged the sales of three, single-tenant net lease retail properties occupied by Taco Bell in the Midwest to three separate buyers. The combined value of the sales was approximately $7.4 million and traded at record-low cap rates.  

The firm’s Jeff Lefko and Bill Asher arranged all three transactions. In one, Lefko and Asher were joined by Hanley’s Beau Velten and First Street Brokerage’s Jeff Christian in the sale of a Taco Bell in Kansas City, MO to a Springfield, MO-based buyer.  

In Bethany, MO, Lefko, Asher, Velten and Christian closed the sale of a Taco Bell to a Central California family trust. Additionally, Lefko and Asher arranged the sale of a West Des Moines, IA location to a Wyoming-based buyer. All three deals were conducted in association with Parasell Inc. 

“Taco Bell has become one of the most attractive net lease investment choices among QSRs,” said Lefko “We anticipate their cap rates will continue to compress over the next 12 months.”    


Inside The Story

Hanley Investment Group

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
New call-to-action
New call-to-action