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Crawfordville, FL - Del Taco

$2,778,000

2395 Crawfordville Highway, Crawfordville, FL 32327

Active
Last Updated: 03/06/2025

5.75

Cap Rate

159,750

NOI

Details:
Cap Rate:    5.75%
NOI:    $159,750
Building Size:    2,304 sqft
Lot Area:    0.94 acres
Year Built:    2025
Zoning:    Commercial
Description:

• The tenant recently signed a brand new 20-year lease with 5 (5-year) options
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period
• Del Taco is one of the largest Mexican QSR brands in the country that serves more than three million guests each week with 600+ locations in 15 states and was names the #1 food brand in 2024 by USA Today
• The guarantor, Consolidated Restaurant Group (CRG), is a Top 150 Restaurant Operator in U.S. with annual revenue of $110M+ whose portfolio includes Burger King and Del Taco

• Part of a larger retail development that features a Starbucks and Circle K, promoting crossover store exposure between the two sites
• Next to Crawfordville Commons, a Publix-anchored center that also features tenants such as Jimmy John’s, UPS, and more
• The Publix ranks in the 92nd percentile (5,125 out of 64,480) of all nationwide grocery stores via Placer.ai
• The surrounding residential consumer base will provide a direct consumer base from which to draw
• 2025 construction which will feature a state-of-the-art design with high-quality materials

Map:
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