TACO JOHN'S| $1,225,545 | 5.50% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Taco John’s a single-tenant property located at 1609 Specht Point Road, Fort Collins, Colorado 80525.
The subject property is comprised of 2,703 square feet and was built in 2004 and will undergo a complete remodel to Taco John’s latest concept in 2021. The building sits on a large 1.17 Acre lot located just off East Prospect Road which oversees 25,000+ Vehicles Per Day.
Taco John’s will operate on a new 20 year absolute-net lease set to commence at the close of escrow. The lease will include four, 5-year options to extend & 7.5% increases every 5 years.
Starting as a small taco stand in Cheyenne, WY back in 1968, their one-of-a-kind tacos and other bold flavors were an instant hit in the community. Two local businessmen wanted to share these unique flavors with the world. So, they purchased the franchise rights in 1969 and named the restaurant after the man who started it all – John.
Ever since that very first taco stand, Taco John’s has been all about bringing the flavor. From handmade salsas and classic Crispy Tacos with freshly made shells to their signature Potato Olés®, they know how to Olé The Day.
From there, Taco John’s restaurants began popping up across the Midwest, evolving to include drive-thrus and interior seating to bring you the unique flavors that made Taco John’s famous. The menu evolved to include bold originals like Potato Olés, Meat and Potato Burritos, and a holiday specialty: Nachos Navidad®.
Ever hear of Taco Tuesday®? We started it! We even trademarked it. That’s how seriously we take tacos.
Today, Taco John’s operates and franchises nearly 400 restaurants in 23 states – making it one of the largest Mexican quick-service restaurant brands in America.