Restaurant
Taco John's
122 3rd St W, Thief River Falls, MN 56701
Listing Price: $1,916,667
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for the Taco John’s located 122 3rd Street W in Thief River Falls, Minnesota. The site consists of roughly 2,500 rentable square feet of building space on estimated 0.32-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 $115,000 and will be scheduled to increase 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $1,916,667
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 122 3rd Street W in Thief River Falls, Minnesota. The site consists of roughly 2,500 rentable square feet of building space on estimated 0.32-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 $115,000 and will be scheduled to increase 1.50% annually throughout the base term and in each of the 4, 5-year renewal options.
Exclusively Listed By
Broker of Record
