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Del Taco Absolute NNN Lease Florida

Tallahassee,
United States
$3,271,818 For Sale
Fast Food/QSR
  • 125
  • 0
  • 3325 sq ft
Ric Del Vizo
Ric Del Vizo
Contact Agent

Description

NNN Lease Advisor specializes in presenting NNN lease properties for sale in Florida and we are Pleased to Offer For Sale the 3,325 SF Del Taco Absolute NNN Asset Located at 2410 Apalachee Parkway in Tallahassee, FL. This Deal Includes a Long Term 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and Brand New 2024 Construction With Drive-Thru, Providing For a Secured Investment.

  • Long Term 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Brand New 2024 Construction With Drive-Thru
  • Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years
  • Guaranteed By Consolidated Restaurant Group, an 80-Unit Burger King Operator With a 12-Unit Del Taco Development Agreement
  • Strong Demographics: Dense Tallahassee Market With Over 150,000 People Within a 5-Mile Radius
  • Affluent Area With a Total Household Income of $82,000 Within a 3- Mile Radius
  • Positioned Along Area’s Major Traffic & Retail Corridor; Features Easy Access & Excellent Visibility With Traffic Counts Exceeding 40,000 Vehicles Per Day
  • In Close Proximity to 70,000 College Students; Home to Florida State University, Florida A&M University and Tallahassee Community College
  • Excellent Retail Synergy With National Anchors Including: Walmart Supercenter, Target, ALDI, Sam’s Club, Dick’s Sporting Goods, Starbucks, Panera and Jason’s Deli

Exclusively Listed with Sands Investment Group In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

Amenities

No amenities.

Additional Information

Cap Rate: 5.5%
Year Built: 2024
NOI: $179,950
Lease Type: Absolute NNN
Single or Multi Tenant: Single
Size/SF: 3,325 SF
Ownership: Fee Simple

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