Lowest Cap Rate
3.76%
Lowest Cap Rate over past 24 months
Average Cap Rate
5.21%
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
4.13%
Average Cap Rate over previous quarter
Overview
Del Taco is an American Mexican inspired restaurant with locations predominantly in the Southern and Western parts of the country. Del Taco currently has 580 locations in 15 states. The restaurants are located in high traffic areas which makes them highly sought after. The NNN lease term is usually 20 years with attractive rental escalations of 10% every 5 years. The average square footage of one of these locations are typically 2,100 square feet and would be easy to backfill if Del Taco were to vacate the property.
Property & Lease
Sales Price Range$1,500,000 - $2,250,000
NOI Range$70,000 - $120,000
Building SF2,100
Lease Term20 Years
Escalations10% Every 5 Years
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PN/A
Moody'sCaa1
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
N/A
5.36
N/A
5.97
4.69
4.51
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
- Financial Fundamentals
- Stock Analysis
Recent Sales Comps
White Hills, AZ8.15%
Rome, GA6.30%
Santa Ana, CA3.76%
Top Consumer Traffic
Barstow, CA960,500
Downtown Barstow, CA680,300
Los Angeles, CA448,700
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
