ATTRACTIVE LEASE FUNDAMENTALS
- New 20 year Abs. NNN
- 2% Annual Rental Increases
- Zero Landlord Responsibilities
- 4 x 5 year extensions providing a long term investment
FAST GROWING BRAND
- Del Taco has over 600+ locations in 17 states
- Del Taco is the second largest brand in the Mexican Quickservice restaurant (QSR) category
TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
NEW CONSTRUCTION BY NEW RESIDENTIAL COMMUNITY
- Newly constructed building built with Tenant’s newest prototype in mind
- Directly down the road from Pulte Home’s 2K Home Development
STRONG SURROUNDING DEMOGRAPHICS
- Over 17K homes in a 3-mile radius
- AHHI in a 3-mile radius exceeds $95K, providing high discretionary spending
POSITIONED IN HIGH DEMAND RETAIL TRADE AREA
- Site fronts Dick Pond Rd (31.8K VPD)
- Over 464K SF of retail space in a 1-mile radius, with over 10K of absorption in trailing 12 months and a 0% vacancy rate
- Nearby retailers include: Planet Fitness, Auto Zone, O’Reilly’s, Ace, Subway