Restaurant
Del Taco Ground Lease | New 20-Yr. Absolute NNN | Pad to Target with 72K+ Cars/Day
19001 Murdock Cir, Port Charlotte, FL 33948
Listing Price: $2,430,000
Cap Rate
5.35%
Tenant Name
Del Taco
Years Remaining On Lease
19.0
Guarantor
Franchisee Guarantee
Rentable SF
2,370
Lease Type
NNN Ground Lease
Rent Per Square Feet
$54.85
Investment Overview
Marcus & Millichap is pleased to present the Del Taco Ground Lease in Port Charlotte, FL.
Del Taco Ground Lease | New 20-Yr. Absolute NNN | Pad to Target with 72K+ Cars/Day
Investment Highlights
- Rare 20-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Very Strong Personal Guaranty from High-Net-Worth Franchisee
- Experienced Operator with 100+ Locations (Del Taco, Buffalo Wild Wings GO, and Wendy's)
- Significant Capital Investment by Tenant to Build Restaurant, Average Cost is Approximately $1.35 Million
- Del Taco is the 2nd Largest Mexican Quick-Service Restaurant Chain in the U.S.
- Brand New High-Quality Construction, New Fresh-Flex Design with a Drive-Thru
- Serving Over 100,000 Residents in Rapidly Growing Trade Area
- Charlotte County is One of the Fastest Growing Counties in the U.S.
Exclusively Listed By
Broker of Record
Restaurant
Del Taco Ground Lease | New 20-Yr. Absolute NNN | Pad to Target with 72K+ Cars/Day
Listing Price: $2,430,000
Cap Rate
5.35%
Tenant Name
Del Taco
Years Remaining On Lease
19.0
Guarantor
Franchisee Guarantee
Rentable SF
2,370
Lease Type
NNN Ground Lease
Rent Per Square Feet
$54.85
Investment Highlights
- Rare 20-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Very Strong Personal Guaranty from High-Net-Worth Franchisee
- Experienced Operator with 100+ Locations (Del Taco, Buffalo Wild Wings GO, and Wendy's)
- Significant Capital Investment by Tenant to Build Restaurant, Average Cost is Approximately $1.35 Million
- Del Taco is the 2nd Largest Mexican Quick-Service Restaurant Chain in the U.S.
- Brand New High-Quality Construction, New Fresh-Flex Design with a Drive-Thru
- Serving Over 100,000 Residents in Rapidly Growing Trade Area
- Charlotte County is One of the Fastest Growing Counties in the U.S.
Investment Overview
Marcus & Millichap is pleased to present the Del Taco Ground Lease in Port Charlotte, FL.
Exclusively Listed By
Broker of Record
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