Taco John's | $1,454,383 | 6.00% CAP
» ABSOLUTE NET LEASE | NO LANDLORD RESPONSIBILITIES
The Property is Secured by a Long-Term Absolute NNN Lease with over 16.5 Years Remaining. There are No Landlord Responsibilities.
» STRONG RENTAL GROWTH & RENEWAL OPTIONS
The Lease Includes 7.5% Rental Increases Every Five Years. Additionally, the Tenant has Four (4) Five-Year Renewal Options.
» HIGH-TRAFFIC LOCATION IN A BOOMING MARKET
Strategically Positioned on State Road 434 (34,000 VPD), the Site Benefits from High Daily Traffic Counts, Dense Residential Developments, and Proximity to Retail, Healthcare, and Business Hubs.
» GROWING MARKET WITH STRONG FUNDAMENTALS
Loveland, CO, has an MSA Population of Over 359,075, with an Average Household Income Exceeding $100,000. The City’s Economy is Supported by Major Employers, Including Hewlett-Packard Enterprise, UC Health Medical Center of the Rockies, and Agilent Technologies.
» PROVEN FRANCHISE OPERATOR WITH MULTI-UNIT GUARANTY:
The Lease is Backed by 4 Cities, Inc., a Multi-Unit Franchise Operator with Nine Taco John’s Locations.