TACO JONH'S | $1,266,667 | 6.00% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Taco John's a single-tenant property located at 1457 South Street, Wheatland, WY 82201.
The subject property is comprised of 1,488 square feet, built-in 1976 and will undergo a remodel in 2023. A New 20 Year lease will be executed at the close of escrow with 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.
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.