Del Taco - Tallahassee, FL 2410 Apalachee Pky

Investment Highlights

Long Term 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities Healthy Hedge Against Inflation With 10% Rent Increases Every 5 Years Strong Demographics: Dense Tallahassee Market With Over 150,000 People Within a 5-Mile Radius Brand New 2024 Construction With Drive-Thru Guaranteed By Consolidated Restaurant Group, an 80-Unit Burger King Operator With a 12-Unit Del Taco Development Agreement Affluent Area With a Total Household Income of $82,000 Within a 3- Mile Radius

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,325 SF Del Taco 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.In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Fast Food
• Building Size    3,325
• Building Class    B
• Year Built/Renovated    1985/2015
• Price    3,271,818
• Price Per SF    984
• Cap Rate    5.50
• NOI    179,950
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    1.09 AC

• Pylon Sign
• Drive Thru