530 US Highway 62 W
Princeton, KY 42445
Taco John's - Absolute NNN Lease · Retail Property For Sale

Taco John’s occupies a freestanding 2,100 SF drive-thru restaurant on 0.41 acres along U.S. Highway 62, Princeton’s primary commercial corridor. The property is offered at a 6.0% cap rate with current annual rent of approximately $111,443.
The lease provides investors with a long-term, passive ownership structure, including annual 1.5% rent increases, four 5-year renewal options, and an Absolute NNN structure under which the tenant is responsible for taxes, insurance, maintenance, repairs, roof, foundation, and structural elements.
The Princeton location is operated by Princeton Hospitality TN, LLC, part of an experienced multi-unit Taco John’s franchise platform operating 20+ restaurants across eight states. Lease obligations are further supported by joint-and-several personal guaranties from the tenant’s two principals.
The location also demonstrates strong operating traffic. Based on Placer.ai data for May 1, 2025 through April 30, 2026, the restaurant ranked in the 79th percentile nationally among Taco John’s locations, the 88th percentile within Kentucky, and #2 in Kentucky by foot traffic.
The property benefits from prominent visibility and drive-thru access along U.S. Highway 62 within Princeton’s primary retail node, near Kroger, Tractor Supply, Sonic, Dunkin’, O’Reilly Auto Parts, Advance Auto Parts, and other established retail and service users.