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| Price $515,000 $565,000 | Built/Renov 1999 | Tenant TacoTime |
| Cap Rate 7.41% 6.75% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
2,050
| Lease Start
07-01-2019
| #Units
300
|
| Price/SF $251.22 $275.61 | Expiration
06-30-2024
| Tenant Type Fast Food/QSR |
| NOI $38,160 | R. Term 1.0 | Ownership Fee Simple |
| Rent/SF
$18.61
| Increases 0.0%/1/yrs | Pop 5Mi 99,132 |
| Lot/AC 0.34 | Options 1/5yrs | AHHI 5Mi $4,391 |
| | |
TacoTime is located on the hard corner intersection of N. Main Street (3,200 VPD) and Owens Street and is the only drive-thru property in the city. The subject property and town is strategically positioned near Interstate 80 which acts as a vital travel and transportation corridor connecting San Francisco, Salt Lake City and Chicago. The region is also frequented by out-of-state visitors who...
...Hard corner intersection
In location for years
Major thoroughfare
Highway location
Affluent suburb location
Income tax free state
Recently extended lease
Absolute NNN
Limited competition
Personal guarantee
TacoTime is a legacy regional brand with a strong presence in the Pacific Northwest of the United States. First opened in Eugene, OR in 1960, there are now over 300 operating restaurants located...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 1,913 | 3,042 | 5,106 |
| 2023 Total Population : | 1,946 | 3,092 | 5,177 |
| 2023 Employed Civilian Pop : | 778 | 1,243 | 2,146 |
| 2023 Total Businesses : | 90 | 154 | 307 |
| 2023 Average Household Income : | $ 94,326 | $ 97,032 | $ 102,878 |
| 2023 Total Consumer Spending : | $ 58 M | $ 94 M | $ 168 M |
| 2023 Median Age : | 35 | 36 | 36 |
| 2023 Total Households : | 724 | 1,143 | 1,906 |
| 2023 Pop Age 25+: Bachelor's Degree : | 216 | 321 | 475 |
| 2023 Average Home Value : | $ 253,302 | $ 262,541 | $ 299,215 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| I- 80 Bus | E Owen St | 2003 | 5,220 | 0.02 mi |
| I- 80 Bus | S East St | 2003 | 3,900 | 0.30 mi |
| I- 80 Bus | Fir Ave | 2018 | 1,820 | 0.64 mi |
| State Hwy 413 | Co Rd 234 | 2003 | 1,660 | 0.84 mi |
| Walker Ln | 2018 | 3,797 | 1.47 mi | |
| I- 80 Bus | Walker Ln | 2003 | 5,020 | 1.47 mi |
| State Hwy 413 | Co Rd 238 | 2003 | 950 | 2.17 mi |
| Mountain View Dr | 2018 | 4,029 | 2.27 mi | |
| State Hwy 414 | Mountain View Dr | 2003 | 2,700 | 2.29 mi |
| State Hwy 414 | Gill Rd | 2003 | 1,260 | 2.56 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
