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    OFF-MARKET
    Commercial real estate

    707 Main St, Delta, CO 81416

    2,400 SF 0.2 ac lot Built 1980
    Property ID
    US13-1832760
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving Taco Time franchise in Delta, Colorado. Established for 45 years at 707 Main St, this single-unit restaurant boasts 2,400 square feet of net rentable space in a 0.2-acre lot, situated within a B-2 zoned area. The building, constructed in 1980 and renovated in 2023, operates at 100% occupancy, generating a strong Net Operating Income (NOI) of $210,340. The asking price for the property is $575,000. The property is available for purchase as an owner-user opportunity, or alternatively, a triple net (NNN) lease is available at $3,000 per month for a 10-year term with minimal annual increases. This includes storage in a rear building. The business itself has shown consistent growth, with gross sales exceeding $1,672,400 in 2023, representing a 5-6% annual increase. Seller financing is available with a 25% down payment and attractive terms. Low property taxes of $3,773 were paid in 2023. The franchise offers lower fees than many competitors. The property includes ample refrigeration for storage. Prospective buyers must meet specific financial requirements and undergo franchisor approval. This turnkey operation offers a rare blend of established success and significant growth potential.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1980
    Total area 2,400 SF
    Lot 0.2 ac (8,712 SF)
    APN 345724141002
    UPID US13-1832760
    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
    • TacoTime Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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