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Restaurant

Taco John's

450 N Center St, Rock Springs, WY 82901

Listing Price: $1,416,667

Cap Rate
6.00%
Tenant Name
Taco John's
Guarantor
Franchisee Guarantee
Rentable SF
2,293
Lease Type
Absolute Net
Rent Per Square Feet
$37.07

Investment Overview

450 N Center St, Rock Springs, WY 82901

Investment Highlights

  • Absolute-Net (Zero Landlord Responsibilities): New 20 Year Lease with 7.5% Rental Increases Every 5 Years Including the Four, 5 Year Options.
  • Experienced Operator: 35+ Years of Operating Experience with 46 QSR Units Across Colorado, Oklahoma, Washington, Wyoming & Oregon.
  • Strong Location & Excellent Visibility: Taco John's is Located on North Center Street and See's Over 14,800+ Vehicles Per Day.
  • Limited Competition in Area: Taco John's is the Only Quick Service Restaurant within a 1.5 Mile Radius of its Location.
  • Near Western Wyoming Community College: Just 1.5 Miles from Taco John's Western Wyoming Community College Enrollment is 2,776 Students.
  • 1.2 Miles from Memorial Hospital: A 99 Bed Hospital Serving Sweetwater County and Surrounding Communities.
  • Close Proximity to Two School: Rock Springs High School (1,437 Students) & Eastside Elementary (363 Students).

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) WY: RE-16571

    Wyoming

Financing By

Listing Price: $1,416,667

Cap Rate
6.00%
Tenant Name
Taco John's
Guarantor
Franchisee Guarantee
Rentable SF
2,293
Lease Type
Absolute Net
Rent Per Square Feet
$37.07

Investment Highlights

  • Absolute-Net (Zero Landlord Responsibilities): New 20 Year Lease with 7.5% Rental Increases Every 5 Years Including the Four, 5 Year Options.
  • Experienced Operator: 35+ Years of Operating Experience with 46 QSR Units Across Colorado, Oklahoma, Washington, Wyoming & Oregon.
  • Strong Location & Excellent Visibility: Taco John's is Located on North Center Street and See's Over 14,800+ Vehicles Per Day.
  • Limited Competition in Area: Taco John's is the Only Quick Service Restaurant within a 1.5 Mile Radius of its Location.
  • Near Western Wyoming Community College: Just 1.5 Miles from Taco John's Western Wyoming Community College Enrollment is 2,776 Students.
  • 1.2 Miles from Memorial Hospital: A 99 Bed Hospital Serving Sweetwater County and Surrounding Communities.
  • Close Proximity to Two School: Rock Springs High School (1,437 Students) & Eastside Elementary (363 Students).

Investment Overview

450 N Center St, Rock Springs, WY 82901

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s): WY: RE-16571

    Wyoming

Financing By

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