DEL TACO | $3,185,000 | 5.65% CAP
» 20 Year Absolute Net (NNN) Lease with Rare 10% Rental Increases Every 5 Years: No Landlord Responsibilities
» Leased to Consolidated Restaurant Group (#153 in Top 200 Restaurant Franchisees Nationwide): Tenant Operates 80+ Burger Kings and has a Development Agreement with Del Taco for 12 Units
» Del Taco – 2024 Fast Food Champion: Surpassed Chick-Fil-A in the Highly Anticipated Annual List by Food Chain Magazine (July 2024)
» Next to Florida State University, Florida A&M University, and Tallahassee State College Totaling 70,000 Students
» Frontage Along Apalachee Parkway with 39,000 VPD: Major Thoroughfare Passes Governors Square Shopping Mall with 1M SF of Retail and Connects to Florida State University (44,600+ Students) and Florida State Capital Building.
» Only Del Taco in 20 Mile Radius Offering a Unique Market Advantage
» Strong Demographics: Located in the Densely Populated Tallahassee Market, with over 150,000 Residents within a 5-Mile Radius