Listed by Stream Capital Partners
$3,561,905
Taco Bell
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,500
Cap Rate 5.25%
NOI $187,000
Tenancy Single
Brand/Tenant Taco Bell, Burger King
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 07/31/2046
Remaining Term 20.2
Lease Options 2, 5-year options
Year Built 1982
Year Renovated 2025
Acreage 0.940
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Sale Condition For sale by owner
Top Performing Taco Bell | New 20 Year NNN Lease | 35+ Year Operating History
Investment highlights
- Top-Performing Location: Ranked the #1 location in New Mexico and in the 99th percentile nationwide according to Placer.ai, this store generates nearly 2x the brand’s national average unit volume while maintaining a rent-to-sales ratio below 5%.
- Proven Franchise Strength: A legacy Taco Bell operator and one of the brand’s first 100 franchisees, with nearly five decades of operating experience dating back to its first Farmington, New Mexico location in 1997.
- Long-Term Site Commitment: the tenant has successfully operated at this location for over 35 years and recently executed a new 20-year lease extension, demonstrating long-term commitment to the site and market.
- Recent Capital Investment: Tenant completed a substantial remodel in 2025 at its own expense, including a new roof and other property improvements.
- High-Traffic Corridor: Situated on East Main Street (US-550), the property benefits from approximately 31,200 vehicles per day (VPD). It sits in the highest-density retail corridor in the city, surrounded by nation anchors like Target, Walmart Supercenter, and Home Depot.
- Regional Hub: Farmington, NM functions as a primary commercial and service center for the broader Four Corners region, Drawing demand from adjacent markets in Colorado, Utah, and Arizona.
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$187,000.00
$15,583.33/mo
Valuation Metrics
0
DSCR
5.25%
Cap Rate
5.25%
ROI
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