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Taco John's Portfolio | MN & ND Location 4 Retail Properties Offered at $6,440,000 in Multiple Locations
Investment Highlights
- Absolute NNN, Cross-Collateralized Leases
- Strong Real Estate: Signalized Corners with Drive-Thru
- Experienced, Aligned Operator with Recent Capex
- Strong Unit Economics with Downside Protection
- Established, Expanding Regional Brand Presence
Executive Summary
Absolute NNN, Cross-Collateralized Leases (no landlord responsibilities)
17+ years of remaining primary term with two 10-year renewal options, delivering durable, hands-off income. Annual 2% rent escalations throughout the remaining term provide built-in growth and inflation protection.
Strong Unit Economics with Downside Protection
Stores demonstrate compelling rent-to-sales performance versus broader QSR benchmarks and have delivered strong annual growth over the past decade. Low
nominal rents enhance backfill optionality and value preservation in a downside scenario.
Strong Real Estate: Signalized Corners with Drive-Thru
Each site occupies a high-visibility corner with a drive-thru, maximizing access, throughput, and brand presence. Locations rank in top national visitation percentiles
within the Taco John’s system, including the highest-visited store in Minnesota per Placer.ai.
Established, Expanding Regional Brand Presence
Taco John’s has operated at these sites for an average of 25 years, evidencing long-term performance and stability. Corporate recently relocated its headquarters to St. Louis Park, strengthening Minnesota ties; the state now hosts the brand’s highest concentration with restaurants across 49 cities.
Experienced, Aligned Operator with Recent Capex
Operated by a multi-generation franchisee with a 35+ year Taco John’s track record and representation on the franchise board. All locations have been recently renovated with franchisee capital, underscoring commitment and ongoing operational excellence.
17+ years of remaining primary term with two 10-year renewal options, delivering durable, hands-off income. Annual 2% rent escalations throughout the remaining term provide built-in growth and inflation protection.
Strong Unit Economics with Downside Protection
Stores demonstrate compelling rent-to-sales performance versus broader QSR benchmarks and have delivered strong annual growth over the past decade. Low
nominal rents enhance backfill optionality and value preservation in a downside scenario.
Strong Real Estate: Signalized Corners with Drive-Thru
Each site occupies a high-visibility corner with a drive-thru, maximizing access, throughput, and brand presence. Locations rank in top national visitation percentiles
within the Taco John’s system, including the highest-visited store in Minnesota per Placer.ai.
Established, Expanding Regional Brand Presence
Taco John’s has operated at these sites for an average of 25 years, evidencing long-term performance and stability. Corporate recently relocated its headquarters to St. Louis Park, strengthening Minnesota ties; the state now hosts the brand’s highest concentration with restaurants across 49 cities.
Experienced, Aligned Operator with Recent Capex
Operated by a multi-generation franchisee with a 35+ year Taco John’s track record and representation on the franchise board. All locations have been recently renovated with franchisee capital, underscoring commitment and ongoing operational excellence.
Property Facts
| Price | $6,440,000 | Status | Active |
| Price / SF | $580.91 / SF | Number of Properties | 4 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.75% | Total Building Size | 11,086 SF |
| Sale Type | Investment NNN | Total Land Area | 2.20 AC |
| Price | $6,440,000 |
| Price / SF | $580.91 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.75% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 11,086 SF |
| Total Land Area | 2.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Taco John's
1702 Broadway St, Alexandria, MN 56308 |
Retail | 2,792 SF | 1971 | - |
| 233 Frazee St E, Detroit Lakes, MN 56501 | Retail | 3,165 SF | 1990 | - |
|
Taco John's
1212 N Union Ave, Fergus Falls, MN 56537 |
Retail | 2,939 SF | 1965 | - |
| 801 Dakota Ave, Wahpeton, ND 58075 | Retail | 2,190 SF | 1995 | - |
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Taco John's Portfolio | MN & ND Location
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