Jack In The Box
Jack in the Box | Absolute NNN Lease | $3,000,000 | 10-Year Remaining Lease Term
Marketing description
The offering consists of a 2,670-square-foot single-tenant net-leased building situated on a 0.76-acre parcel in Fremont, California. The property is leased to Jack in the Box under an absolute triple-net (NNN) lease with ten (10) years remaining on the current firm term.
Jack in the Box has occupied the location since February of 1999. In 2026, the tenant executed a new 10-year lease commencing February 12, 2026,
with a scheduled expiration on April 3, 2036. The lease includes four 5-year renewal options along with 10% rental increases every 5 years, including the option periods.
The building, originally constructed in 1999, has operated as Jack in the Box continuously since its development, underscoring the strength of this location for fast food-related tenants.
The property is strategically positioned at the signalized intersection of Osgood Road and Auto Mall Parkway, just one block from the Interstate 680 / Auto Mall Parkway interchange and 1.3 miles from the Interstate 880 / Auto Mall Parkway interchange. This prime location benefits from heavy traffic, with over 47,000 vehicles per day along Auto Mall Parkway and 15,000 vehicles per day along Osgood Road. The site offers excellent visibility and convenient access.
The property is part of a larger shopping center, known as the Skyway Plaza Shopping Mall, anchored by well-known retailers including Walmart, Dollar Tree, Panda Express, Great Clips, ToGo’s Sandwiches, and Chipotle Mexican Grill.
Other tenants within the immediate area include Western Digital’s Magnetic Head Operations, Home Depot, Subway, Quiznos, and Starbucks.
Investment highlights
Jack in the Box Recently Renewed their Lease for 10-Years (Firm Term Expires April 3, 2036)
The Current Lease Includes Four 5-Year Renewal Options
10% Rental Increases Every 5-Years Including Option Periods
Located on the Hard Signalized Corner of Osgood Road & Auto Mall Parkway (Combined 62,000-Vehicles Per Day)
Location, Location, Location!! (Auto Mall Parkway is a Main Thoroughfare Connecting Interstate 680 to Interstate 880)
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