Restaurant
Del Taco - 1 Mile from High School (1,300 Students)
50 W Belleview Ave, Englewood, CO 80110
Listing Price: $3,312,654
Cap Rate
5.00%
Tenant Name
Del Taco
Guarantor
Franchisee Guarantee
Rentable SF
2,221
Lease Type
Absolute Net
Rent Per Square Feet
$74.58
Investment Overview
50 W Belleview Ave, Englewood, CO
Del Taco - 1 Mile from High School (1,300 Students)
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.
- Strong Operating History / Sales: Del Taco has Operated at this location for 18 Years; in 2022 Del Taco achieved $1,948,620 in store sales last year equating to a 8.5% Rent-to-Sales Ratio.
- Prominent Location & Excellent Visibility: Del Taco is Just Off The Intersection of Broadway Belleview (86,000+ VPD).
- Near Littleton High School: The Largest School in Englewood, Littleton High School is Within Walking Distance of Del Taco with 1,300+ Students and 80+ Employees / Staff.
- Jack in the Box Acquisition of Del Taco: March 2022 Jack in the Box inc. (NASDAQ: JACK) Purchased Del Taco Restaurants, Inc. (NASDAQ: TACO) for $585 Million Unlocking Significant Opportunities for Franchisees, Employees, Investors, and Guest Alike.
- Surrounded by National Retailers: Sprouts, Chuze Fitness, Wendy's, Starbucks, Walgreens, Qdoba Mexican Grill, King Soopers, UPS, Five Guys, Taco Bell, Chipotle, and 7-Eleven to Name a Few.
Broker of Record
Financing By
Restaurant
Del Taco - 1 Mile from High School (1,300 Students)
Listing Price: $3,312,654
Cap Rate
5.00%
Tenant Name
Del Taco
Guarantor
Franchisee Guarantee
Rentable SF
2,221
Lease Type
Absolute Net
Rent Per Square Feet
$74.58
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.
- Strong Operating History / Sales: Del Taco has Operated at this location for 18 Years; in 2022 Del Taco achieved $1,948,620 in store sales last year equating to a 8.5% Rent-to-Sales Ratio.
- Prominent Location & Excellent Visibility: Del Taco is Just Off The Intersection of Broadway Belleview (86,000+ VPD).
- Near Littleton High School: The Largest School in Englewood, Littleton High School is Within Walking Distance of Del Taco with 1,300+ Students and 80+ Employees / Staff.
- Jack in the Box Acquisition of Del Taco: March 2022 Jack in the Box inc. (NASDAQ: JACK) Purchased Del Taco Restaurants, Inc. (NASDAQ: TACO) for $585 Million Unlocking Significant Opportunities for Franchisees, Employees, Investors, and Guest Alike.
- Surrounded by National Retailers: Sprouts, Chuze Fitness, Wendy's, Starbucks, Walgreens, Qdoba Mexican Grill, King Soopers, UPS, Five Guys, Taco Bell, Chipotle, and 7-Eleven to Name a Few.
Investment Overview
50 W Belleview Ave, Englewood, CO
Broker of Record
Financing By
