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Restaurant

Taco John's

1310 US-20, Chadron, NE 69337

Listing Price: $1,920,274

Cap Rate
5.75%
Tenant Name
Chardon Hospitality TN, LLC
Years Remaining On Lease
19.9
Guarantor
Franchisee Guarantee
Rentable SF
2,940
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.56

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Taco John’s located at 1310 US-20 in Chadron, Nebraska. The site consists of roughly 2,940 rentable square feet of building space on estimated 0.88-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 $110,416 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: $1,920,274

Cap Rate
5.75%
Tenant Name
Chardon Hospitality TN, LLC
Years Remaining On Lease
19.9
Guarantor
Franchisee Guarantee
Rentable SF
2,940
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$37.56

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 1310 US-20 in Chadron, Nebraska. The site consists of roughly 2,940 rentable square feet of building space on estimated 0.88-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 $110,416 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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