Del Taco

8787 Owenfield Drive, Powell, OH 43065

$3,027,000

Cap Rate 5.55%

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DOM: 4 Updated: 09.04.25 Posted: 09.04.25 Status: Active 09.04.25

Summary

Price $3,027,000		Tenant Del Taco
Cap Rate 5.55%	Lease Type Abs NNN	Guarantor Corp Traded
Size/SF 2,459	Lease Start 10-17-2024	#Units 594
Price/SF $1,230.99	Expiration 10-31-2044	Tenant Type Fast Food/QSR
NOI $168,000	R. Term 19.1	Ownership Fee Simple
Rent/SF $68.32	Increases 10.0%/6/yrs	Pop 5Mi 172,347
Lot/AC 0.84	Options 3/5yrs/10%	AHHI 5Mi $161,223

Highlights

Brand new 20-year absolute NNN lease with zero landlord responsibilities.
Lease commenced October 2024 and runs through October 2044, fully guaranteed by tenant.
The lease features 10% rent increase every 5 years.
Corporate guarantee by Jack in the Box Inc. (NASDAQ: JACK).
Hard corner, signalized intersection with 49,700+ vehicles per day.
Surrounded by Walmart, Home Depot, Starbucks, Chipotle, McDonald’s and more.
Strong demographics with 172,347 residents in 5 miles and average household income exceeding $164,972 within 3 miles
Located 2 miles from Polaris Center of Commerce and Polaris Fashion Place.

Location Description

Del Taco is strategically located along Owenfield Drive in Powell, Ohio, with access to a daily traffic count of approximately 49,700 vehicles. The site is surrounded by major national retailers including Walmart Supercenter, The Home Depot, BJ’s Wholesale Club, etc, driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new...

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Key Features

New construction
Hard corner intersection
Major thoroughfare
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 20+ yr lease
Traded and rated company
Corporate Guarantee

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Links

Del Taco Wikipedia Del Taco Wikipedia Powell, OH Zip Code 43065 Eric Carlton

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Del Taco
Guarantor:Corp Traded
Company:Jack in the Box, Inc.
# Units:594
Stock: NASDAQ: JACK

About Tenant

Del Taco Restaurants Inc. is an American fast-food restaurant chain specializing in American-style Mexican cuisine and American foods such as burgers, fries, and shakes. Founded in 1964, in...

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Listing Broker

Eric Carlton

Colliers NNN Group

Contact

186 Listings
54470 Views
73 Sold

Jereme Snyder

Colliers NNN Group

Contact

174 Listings
50626 Views
67 Sold

Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

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Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

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