DEL TACO | $1,715,000 | 5.25% CAP
The Deltondo Group and Marcus & Millichap is pleased to present for sale Del Taco a single-tenant property located at 108 South Beeline Highway, Payson, Arizona 85541.
The subject property is comprised of 2,505 square feet and was built in 2001 and remodeled in 2015. The building sits on a moderate 34,412 square foot lot with ample parking and frontage on South Beeline Highway that oversees 31,000+ Vehicles Per Day.
Del Taco operates on an Absolute-Net Lease and will sign a new 20-year lease at the close of escrow. The Lease will hold 10% rental increases every five years, including the four, 5-Year Options to extend. Operated by Desert Taco, LLC the franchisee operates 56-units throughout Arizona, Colorado, and California. Desert Taco, LLC is the largest Del Taco Operator in the Del Taco System.