707 Main St, Delta, CO 81416
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.
-
TacoTime Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.