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Restaurant

Taco John's

1457 South St, Wheatland, WY 82201

Listing Price: $1,266,667

Cap Rate
6.00%
Tenant Name
Taco John's
Guarantor
Franchisee Guarantee
Rentable SF
1,488
Lease Type
Absolute Net
Rent Per Square Feet
$51.08

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Taco John's a single-tenant property located at 1457 South Street, Wheatland, WY 82201. ? The subject property is comprised of 1,488 square feet, built-in 1976 and will undergo a remodel in 2023. A New 20 Year lease will be executed at the close of escrow with 7.5% increases every 5 years. ? 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% 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.
  • Next to Platte County Memorial Hospital: Wheatland's Only Major Hospital, Platte County Memorial is a 25-bed Critical Access Facility Serving the Region.
  • Near Wheatland's Four Schools: Within 1.5 Miles of Taco John's Reside Four Schools Totaling 800+ Students.
  • Limited Drive-Thru Competition: Taco John's is One of Only Three Quick Services Restaurants in the City of Wheatland.

Exclusively Listed By

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (303) 328-2000

    License(s) WY: RE-16571

    Wyoming

Financing By

Restaurant

Taco John's

Listing Price: $1,266,667

Cap Rate
6.00%
Tenant Name
Taco John's
Guarantor
Franchisee Guarantee
Rentable SF
1,488
Lease Type
Absolute Net
Rent Per Square Feet
$51.08

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.
  • Next to Platte County Memorial Hospital: Wheatland's Only Major Hospital, Platte County Memorial is a 25-bed Critical Access Facility Serving the Region.
  • Near Wheatland's Four Schools: Within 1.5 Miles of Taco John's Reside Four Schools Totaling 800+ Students.
  • Limited Drive-Thru Competition: Taco John's is One of Only Three Quick Services Restaurants in the City of Wheatland.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Taco John's a single-tenant property located at 1457 South Street, Wheatland, WY 82201. ? The subject property is comprised of 1,488 square feet, built-in 1976 and will undergo a remodel in 2023. A New 20 Year lease will be executed at the close of escrow with 7.5% increases every 5 years. ? 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): WY: RE-16571

    Wyoming

Financing By

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