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Restaurant

Taco John's

824 E 3rd St, Alliance, NE 69301

Listing Price: $1,801,191

Cap Rate
5.75%
Tenant Name
Alliance Hospitality TN, LLC
Years Remaining On Lease
19.9
Guarantor
Franchisee Guarantee
Rentable SF
1,777
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$58.28

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Taco John’s located at 824 East 3rd Street in Alliance, Nebraska. The site consists of roughly 2,650 rentable square feet of building space on estimated 0.38-acre parcel of land. This Taco John’s will be subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The annual rent will be $103,568 and will be scheduled to increase 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Site to be Reimaged | Contact Broker for more Information
  • One and a Half Percent (1.50%) Annual Rental Increases

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Restaurant

Taco John's

Listing Price: $1,801,191

Cap Rate
5.75%
Tenant Name
Alliance Hospitality TN, LLC
Years Remaining On Lease
19.9
Guarantor
Franchisee Guarantee
Rentable SF
1,777
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$58.28

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Site to be Reimaged | Contact Broker for more Information
  • One and a Half Percent (1.50%) Annual Rental Increases

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Taco John’s located at 824 East 3rd Street in Alliance, Nebraska. The site consists of roughly 2,650 rentable square feet of building space on estimated 0.38-acre parcel of land. This Taco John’s will be subject to a 20-year absolute triple-net (NNN) lease, which will commence at the close of escrow. The annual rent will be $103,568 and will be scheduled to increase 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

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