20 Year Absolute Net Lease to Del Taco (three unit franchisee)
NOI: $162,000 per year
Price: 5.25% cap
Rent Commencement: January 1, 2024
10% bumps Years 11 and 16
4/5 year renewals
One acre parcel | 2800sf building
Fee simple ground lease
Traffic count 25,000 VPD

Area Highlights Include:

• Shares traffic light with Super Wal-Mart
• Ideal visibility & access from heavily trafficked Opelika Road
• Project will feature  21 acres of designer townhomes behind the retail areas, with 265 apartments
• Newest Del Taco Prototype
• Opelika Road is a highly trafficked by Auburn University college students