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PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 7 Updated: 09.24.25 Posted: 09.24.25 Status: Active     09.24.25

Summary

Price $2,767,000
Built/Renov 2024
Tenant Del Taco
Cap Rate 6.60%
Lease Type Abs NNN
Guarantor Corp Traded
Size/SF 2,300
Lease Start 04-01-2024
#Units 594
Price/SF $1,203.04
Expiration 03-31-2044
Tenant Type Fast Food/QSR
NOI $182,652
R. Term 18.6
Ownership Leased Fee
Rent/SF $79.41
Increases 7.5%/6/yrs
Pop 5Mi 11,233
Lot/AC 0.80
Options 4/5yrs/7.5%
AHHI 5Mi $77,722

Highlights

  • Brand new 2024 Del Taco with drive-thru on US Highway 331

  • 20 year Absolute NNN lease starting April 2024

  • Initial annual rent $182,652 with 7.5% increases every 5 years

  • Four 5 year renewal options extending lease to 2044

  • Corporate guarantee from Consolidated Restaurant Group operating 140+ units

  • 2,300 SF building on 0.8 acre lot outparcel to Tractor Supply

  • Surrounded by major national retailers including Walmart, Lowe’s, Chick-fil-A, McDonald’s

  • Priced at $2,767,000 with 6.60% cap rate

Location Description

Del Taco – DeFuniak Springs is strategically located along US Highway 331 in DeFuniak Springs, Florida, with access to a daily traffic count of approximately 31,500 vehicles. The site is surrounded by major national retailers including Walmart, Lowe’s, Tractor etc., driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new...

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Maps

  • 1 Mile
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Tenant

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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