Corporate Jack in the Box
Houston, TX
Price: $2,270,000Cap Rate: Building SF: 2,633 SFLot Size: 38,742 SFYear Built: 2000Status:
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Investment Highlights: 

Strong Corporate Guaranty – The lease is guaranteed by Jack in the Box, Inc. (S&P: BB-); one of the nation’s premier Fast Food companies with over 2,200 locations.

Recent Lease Renewal -Jack in the Box just commenced a new 12-year lease renewal that includes (4) 5-year options.

Absolute NNN Lease -The Absolute NNN lease gives the Landlord zero management responsibilities, offering an excellent passive investment.

Rent Growth -The lease provides for rent increases according to CPI (9% max) every five years in the primary term and option periods providing an investor with excellent rent growth.

Hard Corner Location with Excellent Access/Visibility – The subject property sits on the signalized hard corner of N. Eldridge Pkwy and Tanner Rd (combined 48,000 cars per day) with multiple access in/out of the property.

Limited Competition in the Surrounding Area – The immediate area features limited Quick Service Restaurant options allowing the Jack in the Box location to capitalize on the surrounding retail consumer and residential populations.

Ryan Barr
O. 760.448.2446
F. 760.929.9977

Ryan Bennett
O. 760.448.2449
F. 760.929.9977