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Restaurant

Taco John's

2508 11th Ave, Greeley, CO 80631

Listing Price: $2,000,000

Cap Rate
6.00%
Tenant Name
Taco John's
Guarantor
Franchisee Guarantee
Rentable SF
2,327
Lease Type
Absolute Net
Rent Per Square Feet
$51.57

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Taco John's a single-tenant property located at 2508 11th Ave, Greeley, Colorado 80631. ? The subject property is comprised of 2,327 square feet, built-in 1990 and will be completly remodeled in 2023. Situated on 11th Avenue, Taco John's is passed by over 17,916 VPD. Operator has over 35+ years of experience with 40 QSR units across Colorado, Oklahoma, Washington, Wyoming, & Oregon. ? Starting as a small taco stand in Cheyenne, WY back in 1968, their one-of-a-kind tacos and other bold flavors were an instant hit in the community. Two local businessmen wanted to share these unique flavors with the world. So, they purchased the franchise rights in 1969 and named the restaurant after the man who started it all – John. Ever since that very first taco stand, Taco John’s has been all about bringing the flavor. From handmade salsas and classic Crispy Tacos with freshly-made shells to their signature Potato Olés, they know how to Olé The Day. Today, Taco John’s operates and franchises nearly 400 restaurants in 23 states – making it one of the largest Mexican quick-service restaurant brands in America.

Investment Highlights

  • Absolute-Net (Zero Landlord Responsibilities): New 20 Year Lease with 7.5% Increases Every 5 Years Including the Four, 5 Year Options.
  • Experienced Operator: 35+ Years of Operating Experience with 40 QSR Units Across Colorado, Oklahoma, Washington, Wyoming & Oregon.
  • 1/2 Mile from the University of Northern Colorado: UNC Enrolled 15,000 Students in 2021 with 700 Active Faculty & Staff.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) CO: ER100091205

    Colorado

Financing By

Restaurant

Taco John's

Listing Price: $2,000,000

Cap Rate
6.00%
Tenant Name
Taco John's
Guarantor
Franchisee Guarantee
Rentable SF
2,327
Lease Type
Absolute Net
Rent Per Square Feet
$51.57

Investment Highlights

  • Absolute-Net (Zero Landlord Responsibilities): New 20 Year Lease with 7.5% Increases Every 5 Years Including the Four, 5 Year Options.
  • Experienced Operator: 35+ Years of Operating Experience with 40 QSR Units Across Colorado, Oklahoma, Washington, Wyoming & Oregon.
  • 1/2 Mile from the University of Northern Colorado: UNC Enrolled 15,000 Students in 2021 with 700 Active Faculty & Staff.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Taco John's a single-tenant property located at 2508 11th Ave, Greeley, Colorado 80631. ? The subject property is comprised of 2,327 square feet, built-in 1990 and will be completly remodeled in 2023. Situated on 11th Avenue, Taco John's is passed by over 17,916 VPD. Operator has over 35+ years of experience with 40 QSR units across Colorado, Oklahoma, Washington, Wyoming, & Oregon. ? Starting as a small taco stand in Cheyenne, WY back in 1968, their one-of-a-kind tacos and other bold flavors were an instant hit in the community. Two local businessmen wanted to share these unique flavors with the world. So, they purchased the franchise rights in 1969 and named the restaurant after the man who started it all – John. Ever since that very first taco stand, Taco John’s has been all about bringing the flavor. From handmade salsas and classic Crispy Tacos with freshly-made shells to their signature Potato Olés, they know how to Olé The Day. Today, Taco John’s operates and franchises nearly 400 restaurants in 23 states – making it one of the largest Mexican quick-service restaurant brands in America.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): CO: ER100091205

    Colorado

Financing By

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