New Development Del Taco
2760 Us Highway 331 S Defuniak Springs, FL
2760 Us Highway 331 S, Defuniak Springs, FL, 00000
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For Sale
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New Del Taco with 20-year NNN lease in Defuniak Springs.
Property Size2,300 SF
Lot Size1.37 Acres
Price / SF$1,404
Days on Market728
Property Features for 2760 Us Highway 331 S
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Lot size
- 1.37 Acres
- Property subtype
- RETAIL
Listing Agency
Trinity Real Estate Investment Services - Corporate
(262) 309-4900
Listed by
Drew Duncan · License #TX 9007104
(262) 309-4900
Source
Moodyscre
Added: Jul 23, 2024 Updated: Jul 6 at 9:57 am Checked: Jul 20 at 3:00 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Real Estate Investment Services - Corporate
Investment Insights
Based on property information with market context.
This new development features a Del Taco restaurant with a 20-year absolute NNN lease, commenced in May 2024, requiring zero landlord responsibilities. The lease includes 7.50% rental increases every 5 years throughout the primary term and option periods. Situated on a Tractor Supply Company outparcel, the property benefits from proximity to national retail tenants such as Chick-fil-A, Whataburger, KFC, and McDonald's, attracting significant customer traffic. The area is experiencing explosive growth, with over 400 residential rooftops planned, numerous multi-family developments underway, and a 300+ acre Veterans Lodge development across the road. The property offers excellent visibility along US Highway 331, which sees a daily traffic of over 31,500 vehicles. The lease is guaranteed by Consolidated Restaurant Group, which operates and franchises seven restaurant brands across the US and internationally. Located 25 miles from Santa Rosa Beach on the Emerald Coast, the property benefits from year-round tourist traffic, contributing to a total economic impact of over $7.2 billion for Walton County. Lake DeFuniak is 4 miles away, providing recreational activities in the DeFuniak Springs area. The property size is 2,300 square feet.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities, providing a completely passive investment.
- New 20‑year Del Taco lease commenced in May 2024, offering long‑term stability.
- Guaranteed by Consolidated Restaurant Group, a large and established operator.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - New Del Taco with 20-year NNN lease in Defuniak Springs.
Where is this drive through restaurant located?
The property is located at 2760 Us Highway 331 S Defuniak Springs, FL.
What is the asking price?
The asking price for this property is $3,230,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing a completely passive investment.; New 20‑year Del Taco lease commenced in May 2024, offering long‑term stability.; Guaranteed by Consolidated Restaurant Group, a large and established operator.
