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Property profile & analytics
FOR SALE
Drive through restaurants

1207 Mount Vernon Ave Marion, OH 43302

0.67 ac lot Built 2021
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-3091105
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple, 2,418 square-foot Del Taco restaurant located at 1207 Mt Vernon Ave, Marion, OH 43302. The property boasts a strong 6.00% cap rate and a substantial net operating income (NOI) of $178,964. Built in 2022, this single-tenant, triple-net (NNN) leased property offers a hands-off investment with minimal landlord responsibilities. The 20-year lease commenced May 31, 2023, leaving 18.5 years remaining. The franchisee, Sobremesa LLC, is an experienced operator with multiple restaurant locations in the Columbus, Ohio area, demonstrating a commitment to the market. Situated on 0.67 acres of land on heavily trafficked Mt. Vernon Avenue, with over 20,000 vehicles passing daily, this location benefits from high visibility and strong traffic counts. Del Taco's presence in the Columbus market, coupled with the franchisee's aggressive expansion plans, ensures a stable and potentially appreciating asset. This property is ideal for 1031 exchange investors seeking a secure, long-term investment with a proven track record. The property is 100% occupied and offers a compelling return on investment. The Del Taco brand is a publicly traded company (NASDAQ: TACO) with nearly 600 units across 15 states. This is a rare opportunity to acquire a high-performing, net-leased property in a growing market.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2021
Construction CONCRETE BLOCKS
Lot 0.67 ac (29,186 SF)
APN 12-442000.0400
UPID US66-3091105
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Del Taco Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sobremesa LLC · 3 yrs held
Sobremesa LLC
since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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