Tenant: Del Taco | White Hills, AZ
Renewal Options: 6 x 5 Years
Lease Expiration: 20 Years From Close of Escrow
Lease Type: NNN
Rental Increases: 2% Increases Annually
Sands Investment Group is Pleased to Present For Sale the Del Taco NNN Lease Located in White Hills, Arizona. This Deal Includes an Absolute Triple Net (NNN) 20 Year Lease and a Rare Opportunity to Partner With Growing, 13-Unit TA Franchisee With 15+ Years of Operating Experience, Providing For a Unique Investment.
In Cooperation With Sands Investment Arizona, LLC – Lic. #LC690889000 BoR: Gary W. Berwick, CCIM – Lic. AZ #BR625869000
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
LV Petroleum (LVP), is an active operator of convenience stores and wholesale fuel suppliers in the Southwest and Nevada market. LVP is currently operating thirteen Conoco Branded C&G assets in the Las Vegas Metro area. There is also a pipeline of eight new sites. The partnership is able to purchase unbranded fuel and sell it under a licensing agreement with Phillips 66 as Conoco and access the Conoco credit card network. The assets all have large convenience stores, with slot gaming leased to a casino operator. Five of the locations will also include a quick service restaurant, four Sbarro’s and one Don Tortaco with a drive through. One asset has been open since 2019 and another 3 have opened since summer 2021. The additional sites will open during 2022 and early 2023. In addition, the portfolio includes a TA Express operated in White Hills, AZ that has been operating for over a year. LVP has a pipeline of additional new development Travel Center locations across western U.S. markets. This includes Three (3) Arizona locations, and One (1) location in northern Nevada. In addition, LV Petroleum has a food service division, this division is operating under the entity LVP Food Service Concept, LLC. LVP Food Service Concept is being managed By Mr. Craig Mott who is the active food service manager for LVP Food Service Concept. The franchises includes: Del Taco, Burger King, KFC, and Sbarro Pizza
DEL TACO RESTAURANTS INC.
Del Taco offers a unique variety of both Mexican and American favorites such as burritos and fries, prepared fresh in every restaurant’s working kitchen with the value and convenience of a drive-thru. Del Taco’s menu items taste better because they are made with quality ingredients like freshly grilled chicken and carne asada steak, fresh housemade guacamole, fresh house-grated cheddar cheese, slow-cooked beans made from scratch, and signature creamy Queso Blanco. In 2022 Jack in the Box acquired Del Taco. Founded in 1964, today Del Taco serves more than three million guests each week at its approximately 600 restaurants across 16 states. Del Taco’s commitment to providing guests with the best quality and value for their money originates from cooking, chopping, shredding, and grilling menu items from scratch.
istanbul Escort escort bayan ankara izmir escort bayan escort bayan adana escort bayan antalya escort bayan bursa konya escort hayat escort