1492 Tamiami Trl Port Charlotte, FL 33948

This exceptional investment opportunity presents a brand-new, 2,370 square foot Del Taco restaurant in Port Charlotte, Florida. Located on a 0.61-acre lot at a signalized, hard corner intersection of US Highway 41 (62,000 VPD) and State Highway 776 (35,000 VPD), this property boasts excellent visibility and accessibility. The property features a 20-year absolute NNN ground lease commencing September 1, 2024, and expiring September 1, 2044, with a substantial remaining term of 19.8 years. The lease includes 10% rent bumps every five years and three 5-year option periods, ensuring consistent income growth. The current annual net operating income (NOI) is $130,000, representing a 5.00% cap rate on the $2,600,000 asking price. Built in 2024, this Del Taco is backed by a reputable franchisee with a portfolio exceeding 100 units, providing a strong guarantee. The property's prime location and long-term lease structure make it an attractive investment with significant potential for appreciation. The property address is 1492 Tamiami Trl, Port Charlotte, FL 33948.