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25834278
25834277

4683 State Hwy 121, The Colony, TX 75056

WP
CA 01890646
NorthMarq - San Diego
ML
OR 201225340
Northmarq - Portland
MB
CA CA 02222246
NorthMarq - San Diego
Listed by NorthMarq - San Diego, Northmarq - Portland
$2,326,923
29 days on market
Updated 29 days ago

Jack in the Box - The Colony, TX

Details
APN R222835
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,830
Net Rentable (SqFt) 2,830
Cap Rate 6.5%
NOI $151,250
Occupancy 100%
Tenancy Single
Brand/Tenant Jack in the Box
Lease Type Absolute NNN
Lease Term 28.1
Lease Expiration 09/29/2028
Remaining Term 2.3
Rent Bumps Yes
Lease Options Four (4) - 5 Year
Price per SqFt $822
Broker Co-Op Yes
Year Built 2000
Acreage 0.840
Parking Spaces 34 spaces
Parking Per SqFt 12.01
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/14/2000
Ground Lease No
Ownership Fee Simple (Land & Building)

NNN Lease & Corporate Guaranty | National Retail Synergy | Unmatched Demographics & Visibility

Marketing description

The Northmarq National Restaurant Group is pleased to offer this single-tenant Jack in the Box property located at 4683 State Highway 121 in The Colony, Texas. The asset features a corporate-guaranteed absolute NNN lease with 2.5 years remaining and four five-year renewal options. With zero landlord responsibilities and 10 percent rent increases every five years, the property offers passive, inflation-resistant income in a high-growth market.

Located along State Highway 121, the site benefits from over 104,000 vehicles per day and is surrounded by more than 200,000 residents within five miles, with an average household income exceeding $160,000. Population growth within one mile has approached 12 percent since 2020.

The property sits near top national retailers including Walmart, Kroger, and Texas Roadhouse and is less than one mile from Grandscape, a 400-acre destination featuring Nebraska Furniture Mart, Scheels, and Andretti Indoor Karting. The area also includes 900 hotel rooms and draws over 3 million visitors annually to nearby Lake Lewisville.

Just five miles north of Legacy West and Frisco’s Platinum Corridor, the site offers proximity to major employers like Toyota, JPMorgan Chase, and Liberty Mutual. With strong surrounding fundamentals and a tax-friendly Texas location, this offering provides a compelling blend of stability and long-term value.

Investment highlights

NNN LEASE PROVIDES A PASSIVE INVESTMENT AND INCOME

Tenant operates under an absolute NNN lease with no landlord responsibilities whatsoever, insulating a buyer from potential increases in capital expenditures and operating expenses.

UNMATCHED DEMOGRAPHICS & VISIBILITY

Situated in an exceptional retail corridor, the property is surrounded by a population exceeding 200,000 residents within a 5-mile radius, with an impressive average household income over $160,000. Positioned along a major thoroughfare with traffic counts surpassing 104,000 vehicles per day, the asset enjoys outstanding visibility and accessibility.

PROMINENT CO-TENANCY | NATIONAL RETAIL & ENTERTAINMENT ANCHORS DRIVE TRAFFIC

Surrounded by top-performing national brands, including Texas Roadhouse, Jersey Mike’s, 24 Hour Fitness (with 400K+ members nationally), Kroger, Walmart, and Top Golf, the property benefits from substantial cross-shopping and regional consumer draw.

HOSPITALITY DEMAND | 900 + HOTEL ROOMS

The immediate trade area offers over 900 hotel rooms within a 1.5-mile radius, anchored by major flags such as Holiday Inn Express, Budget Suites, Staybridge Suites, and Homewood Suites. This hospitality corridor supports strong demand from more than 3 million annual visitors to nearby Lake Lewisville, a 29,000-acre destination renowned for boating, fishing, and outdoor recreation.

PREMIER CORPORATE DESTINATION

Located just 5 miles south of the property, Legacy West and Frisco’s Platinum Corridor have emerged as one of the nation’s premier corporate relocation destinations. The area hosts major headquarters and regional campuses for blue-chip companies like Toyota North America (5.3 miles), FedEx Office (5.6 miles), Keurig Dr Pepper (5.4 miles), Liberty Mutual (5.7 miles), and JPMorgan Chase (6.2 miles).

ABSOLUTE NNN LEASE | 10% INCREASES EVERY 5 YEARS

The asset offers a true passive investment with an absolute triple-net lease structure, zero landlord responsibilities, and built-in 10% rent escalations every five years.

11.9% POPULATION GROWTH WITHIN 1 MILE SINCE 2020

The property is situated in a high-growth corridor, with the local population increasing 11.9% over the past few years, well above the U.S. average.

INCOME TAX-FREE STATE OF TEXAS

Texas offers one of the most attractive tax environments in the country, with no state income tax and a top-10 ranking for business climate, bolstering tenant profitability and investor returns.

RETAIL GROWTH

Less than a mile from Grandscape, a 400+ acre mixed-use development featuring anchors like Nebraska Furniture Mart, Scheels, and entertainment venues such as Andretti Indoor Karting, drawing millions of visitors annually and driving exceptional retail synergies.

Listing Contacts

WP
CA 01890646
NorthMarq - San Diego
ML
OR 201225340
Northmarq - Portland
MB
CA CA 02222246
NorthMarq - San Diego
Listed by NorthMarq - San Diego, Northmarq - Portland

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$151,250.00
$12,604.17/mo

Valuation Metrics

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DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Toby Scrivner
License
TX Lic. #452773
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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