Del Taco

Tenant Description

Del Taco was founded in Yermo, CA in 1964 and is a taco chain primarily located in the Southern and Western portions of the country. In the 1980’s, Del Taco began to expand to approximately 350 restaurants, mostly in California. Today, Del Taco trades on the NASDAQ stock exchange under the ticker symbol TACO and has 580 restaurants across 14 states, with the highest concentration in the Pacific Southwest.

What To Look For When Buying A Del Taco

Low cap rates, Store Sales

What We Like About Del Taco

Corporate guarantee, Complete NNN Long Term Leases, Escalations throughout term, Easy To Re-Tenant

Competition

Taco Bell

What Is Sold In A Del Taco

A combination of Mexican-inspired and traditional American

Del Taco Website

https://www.deltaco.com/

Corporate Office Location

25521 Commercentre Dr Ste 200 – Lake Forest, California

Fast Facts

Del Taco is short for (Delicious Taco)

Stock Price
Tenant News
Average Cap Rate Trend
5.75%
2019
5.50%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$2,300,000
Avg. Rent$115,000
Avg. Price/ SF$900/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A

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