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Del Taco | 11+yrs Remain Abs NNN | Annual Inc 804 S White Sands Blvd 2,524 SF Retail Building Alamogordo, NM 88310 $2,552,518 CAD ($1,011.30 CAD/SF) 7.05% Cap Rate

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INVESTMENT HIGHLIGHTS

10+ Years Remaining | Annual Increases | Options To Extend | Well Known & Established QSR Brand
Retail Corridor | Drive-Thru Equipped | National/Credit Tenants |S. White Sands Blvd (23,100 VPD) | Excellent Visibility & Access

Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, Del Taco investment property located in Alamogordo. The tenant, Patel, DT LLC, has over 10 years remaining on its lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2.5% annual rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Founded in 1964, Del Taco is one of the largest Mexican QSR brands in the country serving 3+ million guests each week at its nearly 600 restaurants across 17 states.

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,524 SF

Building Class

Year Built

2016

Price

$2,552,518 CAD

Price Per SF

$1,011.30 CAD

Cap Rate

7.05%

NOI

$179,953 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.07

Lot Size

0.78 AC

Zoning

C-3 - Business

Parking

31 Spaces (12.28 Spaces per 1,000 SF Leased)

Dedicated Turn Lane
Freeway Visibility

Restaurant

Signage

Drive Thru

Accommodation and Food Services
99,999 SF
$9.99
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Del Taco is a U.S.-based quick-service restaurant brand specializing in Mexican-inspired dishes and American classics. Founded in 1964 in Yermo, California by Ed Hackbarth and David Jameson, the company has grown into one of the largest Mexican fast-food chains in the country. Headquartered in Lake Forest, California, Del Taco operates hundreds of locations across multiple states. The brand emphasizes freshly prepared ingredients, including slow-cooked beans and hand-grated cheese. In March 2022, Del Taco was acquired by Jack in the Box, and in October 2025, Jack in the Box announced plans to sell the chain to Yadav Enterprises for $115 million, signaling a shift toward an asset-light model.