Del Taco Ground Lease
Single-Tenant Offerings
Del Taco Ground Lease
19001 Murdock Circle
Port Charlotte (Cape Coral-Fort Myers MSA), FL
- Price:
- $2,430,000
- Cap Rate:
- 5.35%
- NOI:
- $130,000
- Rentable SQFT:
- 2,370 SF
- Year Built:
- 2024
- Lot Size:
- 0.61 +/- Acres
- Lease Type:
- Absolute NNN Ground Lease
- Status:
- Available
Investment Highlights
- Rare 20-Year Absolute NNN Ground Lease with 10% Increases Every 5 Years
- Very Strong Personal Guaranty from High-Net-Worth Franchisee
- Experienced Operator with 100+ Locations (Del Taco, Buffalo Wild Wings GO, and Wendy's)
- Significant Capital Investment by Tenant to Build Restaurant, Average Cost is Approximately $1.35 Million
- Del Taco is the 2nd Largest Mexican Quick-Service Restaurant Chain in the U.S.
- Brand New High-Quality Construction, New Fresh-Flex Design with a Drive-Thru
- Serving Over 100,000 Residents in Rapidly Growing Trade Area
- Charlotte County is One of the Fastest Growing Counties in the U.S.
- Across from Major Enclosed Mall Redevelopment, Commercial-to-Residential Conversion into Open-Air Destination
- Close Proximity to 450-Acre West Port Village Development, a Master-Planned Community with 2,000+ New Homes
- Outparcel to High-Volume Target Anchored Center, Generates Significant Traffic to the Property
- Hard Corner Location at Busy Signalized Intersection with 72,200 Cars/Day
- Regional Retail Hub Includes Walmart, Home Depot, Lowe’s, BJ’s Wholesale, Publix, Sprouts, Best Buy, Marshalls, Ross, HomeGoods and Many More
- Nearest Competitive Retail Submarket is Approximately 30 Miles Away
- Minutes to Award-Winning Fawcett Memorial Hospital with 930 Employees and AdventHealth Port Charlotte with 1,300+ Employees
- Strong Daytime Population with 32,000+ Employees Nearby
- Surrounded by Several K-12 Schools with 8,000+ Students
- Minutes to 82-Acre Charlotte Sports Park, Spring Training Home of the Tampa Bay Rays (MLB)
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