334 Prince Ave
Athens, GA 30601
Taqueria Del Sol · Retail Property For Sale

The subject property is a 2,725 +/- sf freestanding Taqueria del Sol located on Prince Avenue in Athens, GA, approximately ½ mile from the University of Georgia campus and just 1-2 blocks from vibrant downtown Athens, GA. Founded in 1785, the University of Georgia (“UGA”) is a public, flagship, comprehensive research university on 762 acres with approximately 465 buildings. UGA is one of three schools to claim the title of the oldest public university in the United States, and was recently voted #13 top public national universities in the 2019 U.S. News & World report rankings. It is also voted a Kiplinger’s and Princeton Review top 10 in value, and the university has been recognized as a Public Ivy, a publicly-funded university considered to provide a quality of education comparable to that of an Ivy League university. The university is organized into 17 constituent schools and colleges offering more than 140-degree programs. There are currently nearly 38,000 students enrolled and more than 10,000 employees at the University and an annual budget of $1.64 billion. UGA also has 21 varsity athletic programs competing as the Georgia Bulldogs and are among the most successful in NCAA Division I. Athens has consistently ranked among America's best college towns primarily due to its vibrant restaurant, bar, and music scenes. Downtown Athens consists of approximately 65 restaurants, over 20 bars, the 40-Watt Club, Georgia Theatre, 3 hotels, and several student housing projects. Currently, there are over 17,000 residents within 1 mile of Taqueria del Sol, and over 112,000 within a 5-mile radius. Taqueria del Sol (founded in 2000) originally signed a 10-year NNN Ground Lease in 2008 and just recently exercised a 5-year option to extend the Lease to 2023 (with 1x5 year option remaining with a 10% rental increase). Since opening in 2000, Taqueria del Sol has offered diners many inventive and delicious options for lunch and dinner, along with a full bar with several innovative margaritas. While the menu is driven by Mexican cuisine, many of the tacos and sides feature cross-cultural flair. Taqueria del Sol is truly one of a kind, juxtaposing the quality of fine dining ingredients against fast-casual prices, and offering authentic Southwestern selections as well as a variety of Southern-inspired menu choices. In 2007, Bon Appétit picked the Atlanta-based chain as a “Top American Restaurant.” Taqueria del Sol currently operates a total of 7 locations, with 4 based around the Atlanta MSA, 1 in Athens, and 2 in Nashville, TN. The Lease is guaranteed by TDS Management, Inc.