Property summary
This exceptional investment opportunity presents a brand-new, 2,300 square foot Del Taco restaurant situated on a 0.8-acre lot in DeFuniak Springs, Florida. The property boasts a 20-year absolute NNN lease commencing April 1, 2024, and expiring March 31, 2044, with a substantial remaining term of approximately 19.4 years. The lease includes attractive 7.5% rent bumps every five years, ensuring consistent income growth. The current annual Net Operating Income (NOI) is $182,652, representing a… compelling 6.00% cap rate on the $3,044,000 asking price. This Del Taco franchisee operates over 80 locations across Florida and Georgia, demonstrating operational expertise and brand familiarity. The property enjoys a prime location on US Highway 331 (31,500 AADT), offering excellent visibility and accessibility. Its strategic proximity to the intersection of I-10 (20,157 AADT) further enhances its appeal. The surrounding area is experiencing significant growth, with a projected 21% increase in average household income within three miles by 2029, reaching $102,759. Average home values within five miles are also projected to increase substantially, from $312,744 to $539,930, a 72.6% rise. The property benefits from its adjacency to the new Country Ridge Estates subdivision, encompassing 180 single-family residences, 120 townhomes, and a 7-acre commercial site. It's also across from a planned Veteran's Lodge development, a large-scale project featuring various amenities. The property is an outparcel to a new Tractor Supply Company and is surrounded by other established quick-service restaurants, including Chick-fil-A, Wendy's, Whataburger, KFC, Zaxby's, and McDonald's. The annual population growth rate within one mile of the site is 2.44%, indicating a strong and expanding market. The total daytime population within a five-mile radius is 12,733. This property offers a secure, long-term investment with significant upside potential in a rapidly developing area. Four five-year lease options are also included.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,300 SF
- Lot area
- 0.8 ac
- Year built
- 2024
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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