1004 S Santa Fe Ave, Vista, CA 92084

Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a newly renovated Jack in the Box located at 1004 S. Santa Fe Avenue in Vista, California within North San Diego County. The standalone quick service restaurant totals approximately 2,343 square feet and sits on a 0.42 acre parcel with excellent visibility along S. Santa Fe Avenue, which carries over 21,000 vehicles per day.

The asset is secured by a new 15 year absolute NNN sale leaseback to Beshay Foods, Inc., one of the largest Jack in the Box franchise operators in the country. The lease features zero landlord responsibilities, 10 percent rent increases every five years, and four five year renewal options. The investment benefits from two income streams, including rent from Jack in the Box and an on site ChargeNet electric vehicle charging station.

The property is located in a dense infill trade area less than one mile from Highway 78, a major east west corridor in North San Diego County with traffic counts exceeding 139,000 vehicles per day. The surrounding five mile radius includes nearly 244,000 residents with average household incomes above $140,000. Vista is a well established North County submarket supported by strong demographics, limited new retail supply, and high barriers to entry, making this offering a compelling long term passive investment in a first tier Southern California market.