Restaurant
Taco John's
1635 N Lincoln Ave, Loveland, CO 80538
Listing Price: $1,454,383
Cap Rate
6.00%
Tenant Name
Taco John's
Years Remaining On Lease
16.0
Gross SF
1,870
Guarantor
Franchisee Guarantee
Rentable SF
1,870
Price/Gross SF
$777.74
Lease Type
Absolute Net
Rent Per Square Feet
$46.66
Investment Overview
1635 N Lincoln Ave., Loveland, CO
Taco John's
Investment Highlights
- ABSOLUTE NET LEASE | NO LANDLORD RESPONSIBILITIES: The property is secured by a long-term absolute NNN lease with over 16.5 years remaining. There are no landlord responsibilities.
- STRONG RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 7.5% rental increases every five years. Additionally, the tenant has four (4) five-year renewal options.
- PROVEN FRANCHISE OPERATOR WITH MULTI-UNIT GUARANTY: The lease is backed by 4 Cities, Inc., a multi-unit franchise operator with nine Taco John's locations.
- GROWING MARKET WITH STRONG FUNDAMENTALS: Loveland, CO, has an MSA population of over 359,075, with an average household income exceeding $100,000. The city's economy is supported by major employers, including Hewlett-Packard Enterprise, UCHealth Medical Center of the Rockies, and Agilent Technologies.
- HIGH-TRAFFIC LOCATION IN A BOOMING MARKET: Strategically positioned on State Road 434 (34,000 VPD), the site benefits from high daily traffic counts, dense residential developments, and proximity to retail, healthcare, and business hubs.
Broker of Record
Financing By
Listing Price: $1,454,383
Cap Rate
6.00%
Tenant Name
Taco John's
Years Remaining On Lease
16.0
Gross SF
1,870
Guarantor
Franchisee Guarantee
Rentable SF
1,870
Price/Gross SF
$777.74
Lease Type
Absolute Net
Rent Per Square Feet
$46.66
Investment Highlights
- ABSOLUTE NET LEASE | NO LANDLORD RESPONSIBILITIES: The property is secured by a long-term absolute NNN lease with over 16.5 years remaining. There are no landlord responsibilities.
- STRONG RENTAL GROWTH & RENEWAL OPTIONS: The lease includes 7.5% rental increases every five years. Additionally, the tenant has four (4) five-year renewal options.
- PROVEN FRANCHISE OPERATOR WITH MULTI-UNIT GUARANTY: The lease is backed by 4 Cities, Inc., a multi-unit franchise operator with nine Taco John's locations.
- GROWING MARKET WITH STRONG FUNDAMENTALS: Loveland, CO, has an MSA population of over 359,075, with an average household income exceeding $100,000. The city's economy is supported by major employers, including Hewlett-Packard Enterprise, UCHealth Medical Center of the Rockies, and Agilent Technologies.
- HIGH-TRAFFIC LOCATION IN A BOOMING MARKET: Strategically positioned on State Road 434 (34,000 VPD), the site benefits from high daily traffic counts, dense residential developments, and proximity to retail, healthcare, and business hubs.
Investment Overview
1635 N Lincoln Ave., Loveland, CO
Broker of Record
-
Adam Lewis
First Vice President/Regional Manager
Financing By
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