The Taco Spot, a fast-growing, fast-casual Mexican restaurant wants to sign dozens of leases for new locations across the Phoenix area and outside the state.The restaurant company has been growing so fast and bringing on so many franchisees, that it recently leased 10,000 square feet of office and industrial space in Chandler that will serve as the Taco Spot’s headquarters and training center for franchisees. The headquarters include a 3,000-square-foot test kitchen.The Taco Spot began working exclusively with Marc Rigau of Terrafirma Commercial Real Estate at the beginning of 2022 to represent the company during its expansion. Terrafirma has represented the Taco Spot on more than a dozen deals throughout the Valley, in Tucson and in Texas, where the company recently signed a statewide franchise agreement.“We now have 15 operational with four more under construction in Arizona – we’re expecting 19 by the end of Q2,” Rigau said. “We’re currently negotiating multiple other leases in the state of Arizona. I think Arizona’s capacity is at least 30 when you add Tucson.”Over the next two years, Rigau is targeting 30 the Taco Spot locations in Arizona. It opened five new Valley locations in the second half of 2024.But the biggest growth areas will be out of state, first with Texas and then other states. Right now, its biggest efforts are focused in the Dallas-Fort Worth metroplex in Texas, but Rigau said the company is open to stores across Texas.“The goal that’s been set out is 100 stores by the end of the year,” Rigau said. …
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