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Views: 157 DOM: 410 Updated: 08.06.24 Posted: 11.07.23 Status: Active

Summary

Price $3,763,636
Built/Renov 2002
Tenant Jack in the Box
Cap Rate 5.50%
Lease Type Abs NNN
Guarantor Franchisee
Size/SF 2,815
Lease Start 07-01-2018
#Units 26
Price/SF $1,336.99
Expiration 07-01-2038
Tenant Type Fast Food/QSR
NOI $207,000
R. Term 13.6
Ownership Fee Simple
Rent/SF $73.53
Increases 9.0%/5/yrs
Pop 5Mi 36,911
Lot/AC 0.70
Options 2/5yrs/9%
AHHI 5Mi $93,691

Lease Highlights

  • Jack In The Box has over 14 years remaining on its current lease term with 2 (5-year) options to extend
  • Lease rent increases and options will be the base rent schedule provided or 9% of sales, whichever is greater.
  • Absolute NNN lease | Zero landlord responsibilities
  • Franchisee guarantee by NOR-CAL Venture Group (26-units)

Location Description

Jack in the Box is strategically located just off the exit ramp of the Golden Center Freeway (SR-49), with access to 33,352 vehicles passing by daily. Furthermore, it has excellent visibility as it is situated adjacent to the signal-controlled intersection of Brunswick Road and Maltman Drive Gray Avenue. The property is located within a thriving retail hub, home to both national and regional...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Jack in the Box, Inc. is a quick-service restaurant chain primarily found on the West Coast of the United States. They serve a broad selection of distinctive products targeted primarily at the...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 5,457 26,309 38,697
2023 Total Population : 5,371 26,126 38,424
2023 Employed Civilian Pop : 2,045 12,081 17,603
2023 Total Businesses : 854 2,717 3,039
2023 Average Household Income : $ 71,378 $ 99,110 $ 104,842
2023 Total Consumer Spending : $ 133 M $ 998 M $ 1525 M
2023 Median Age : 53 51 52
2023 Total Households : 2,124 11,594 16,743
2023 Pop Age 25+: Bachelor's Degree : 921 4,542 6,949
2023 Average Home Value : $ 511,867 $ 551,708 $ 573,062
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Nevada City Hwy Brunswick Rd 2012 9,980 0.03 mi
Brunswick Rd Maltman Dr 2006 5,160 0.07 mi
Brunswick Rd Nevada City Hwy 2012 22,560 0.07 mi
W Olympia Dr Annex Ave 2006 1,180 0.08 mi
Brunswick Rd Maltman Dr 2006 8,090 0.09 mi
Nevada City Hwy Brunswick Rd 2012 12,920 0.10 mi
20 2018 32,500 0.12 mi
Brunswick Road Golden Center Fwy 2021 28,750 0.14 mi
Nevada City Hwy Manor Dr 2006 10,310 0.16 mi
Maltman Dr Joerschke Dr 2006 4,940 0.16 mi

Listing Broker

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