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
Taco John's
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
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
Financing By
