The subject property is a new freestanding Taco Bell restaurant located near the intersection of Power Inn and Gerber Roads in southern Sacramento, California. The site is adjacent to the Power Inn Center (FoodsCo Supermarket, Kragen Auto Parts, McDonald’s, Subway, Blockbuster and Arco AM/PM. Across Power Inn Road is Vineyard Square (SaveMart Grocery, Rite Aid Drugstore, UPS & Starbucks). A new stop light has been erected on Gerber Rd. in front of Taco Bell allowing easy access. Traffic counts through this intersection total more than 50,000 vehicles per day through this mature neighborhood with a mix of residential and commercial uses. Less than a 1/4 mile east is the Pepsi Bottling Group plant, EarthGrains Bakery, Huhtamaki Packaging, Elk Grove USD and various food service distributors. Sacramento is the capital of California, the 7th largest city in the state and has an estimated population of 486,189.
Tenant: Engen Ventures, Inc.
Engen Ventures, Inc. and Engen Enterprises, Inc. is a multi unit Taco Bell franchisee operating twenty units throughout California. The Gerber Road store will be the 8th unit in greater Sacramento operated by Engen Ventures. Dave Engen has been a Taco Bell franchisee for almost 40 years. In 2002 Engen was recognized as “Operator of the Year”, an award given to the best Taco Bell franchisee worldwide. In 2006, four of Engen’s stores were ranked in the top twenty worldwide. Engen believes a key to the company’s success is its employees and their connection to the local communities. They are currently involved with 70+ charitable activities including schools and youth programs. In order to become a Taco Bell franchisee, Taco Bell Corp. scrutinizes the experience, management and financial position of the principals.
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