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Views: 229 DOM: 155 Updated: 09.13.24 Posted: 06.19.24 Status: Active

Summary

Price $2,047,000
Built/Renov 1990
Tenant Jack in the Box
Cap Rate 6.00%
Lease Type Abs NNN
Guarantor Corp Traded
Size/SF 2,419
Lease Start 09-24-1991
#Units 2,186
Price/SF $846.22
Expiration 09-25-2029
Tenant Type Fast Food/QSR
NOI $122,849
R. Term 4.10
Ownership Fee Simple
Rent/SF $50.79
Increases 0.0%/0/yrs
Pop 5Mi 264,177
Lot/AC 0.55
Options 3/5yrs
AHHI 5Mi $104,285

Lease Highlights

  • Jack in the Box has 4+ years remaining on the current lease term with 3 (5-year) options to extend
  • The lease features FMV rental escalations at the start of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease

Location Description

Jack in the Box is strategically located on Jones Road, with access to 40,150 vehicles passing by daily. The property serves as an outparcel to an ALDI-anchored shopping center, drawing 53,800 visits monthly. Additionally, it is adjacent to a Kroger-anchored retail center (82,200 monthly visits per Placer.ai) and an HEB-anchored center (179,000 monthly visits per Placer.ai). The immediate area...

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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
2029 Total Population : 20,401 102,931 266,246
2024 Total Population : 20,604 103,997 265,379
2024 Employed Civilian Pop : 11,792 57,348 141,920
2024 Total Businesses : 600 4,854 12,369
2024 Average Household Income : $ 93,595 $ 104,753 $ 110,029
2024 Total Consumer Spending : $ 721 M $ 3662 M $ 9284 M
2024 Median Age : 36 37 37
2024 Total Households : 8,629 39,449 95,617
2024 Pop Age 25+: Bachelor's Degree : 3,839 17,726 47,096
2024 Average Home Value : $ 289,823 $ 312,618 $ 309,173
*ESRI data is presented for informational purposes only

Listing Broker

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