Restaurant

Del Taco

Listing Price: $1,636,364

Cap Rate
5.50%
Tenant Name
Del Taco
Years Remaining On Lease
19.80
Gross SF
2,505
Guarantor
Franchisee Guarantee
Rentable SF
2,505
Price/Gross SF
$653.24
Lease Type
Absolute Net
Rent Per Square Feet
$35.93

Investment Overview

Marcus & Millichap is pleased to present for sale Del Taco a single-tenant property located at 108 South Beeline Highway, Payson, Arizona 85541. The subject property is comprised of 2,505 square feet and was built in 2001 and remodeled in 2015. The building sits on a moderate 34,412 square foot lot with ample parking and frontage on South Beeline Highway that oversees 31,000+ Vehicles Per Day. Del Taco operates on an Absolute-Net Lease and will sign a new 20-year lease at the close of escrow. The Lease will hold 10% rental increases every five years, including the four, 5-Year Options to extend. Operated by Desert Taco, LLC the franchisee operates 56-units throughout Arizona, Colorado, and California. Desert Taco, LLC is the largest Del Taco Operator in the Del Taco System.

Investment Highlights

  • 20-Year Sale-Leaseback with Del Taco's Largest Franchisee Nation-Wide (56-Units / 30-Unit Guaranty)
  • Absolute-Net Lease with 10% Increases Every 5-Years and Four, 5-Year Options
  • Located in the Heart of Tonto National Forest which Host Over 5.9 Million Visitors Annually

Exclusively Listed By

Listing Price: $1,636,364

Cap Rate
5.50%
Tenant Name
Del Taco
Years Remaining On Lease
19.80
Gross SF
2,505
Guarantor
Franchisee Guarantee
Rentable SF
2,505
Price/Gross SF
$653.24
Lease Type
Absolute Net
Rent Per Square Feet
$35.93

Investment Highlights

  • 20-Year Sale-Leaseback with Del Taco's Largest Franchisee Nation-Wide (56-Units / 30-Unit Guaranty)
  • Absolute-Net Lease with 10% Increases Every 5-Years and Four, 5-Year Options
  • Located in the Heart of Tonto National Forest which Host Over 5.9 Million Visitors Annually

Investment Overview

Marcus & Millichap is pleased to present for sale Del Taco a single-tenant property located at 108 South Beeline Highway, Payson, Arizona 85541. The subject property is comprised of 2,505 square feet and was built in 2001 and remodeled in 2015. The building sits on a moderate 34,412 square foot lot with ample parking and frontage on South Beeline Highway that oversees 31,000+ Vehicles Per Day. Del Taco operates on an Absolute-Net Lease and will sign a new 20-year lease at the close of escrow. The Lease will hold 10% rental increases every five years, including the four, 5-Year Options to extend. Operated by Desert Taco, LLC the franchisee operates 56-units throughout Arizona, Colorado, and California. Desert Taco, LLC is the largest Del Taco Operator in the Del Taco System.

Exclusively Listed By

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