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31251837
31251838

201 W Parker Rd, Plano, TX 75023

WP
CA 01890646
NorthMarq - San Diego
ML
OR 201225340
Northmarq - Portland
MB
CA CA 02222246
NorthMarq - San Diego
EE
OR 201253957
Northmarq
Listed by NorthMarq - San Diego, Northmarq - Portland, Northmarq
$1,500,000
72 days on market
Updated 24 days ago

Jack in the Box | Plano, TX

Details
APN R-0618-001-0010-1
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 3,143
Net Rentable (SqFt) 3,143
Units 1
Cap Rate 4.12%
NOI $61,726
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King, McDonald's (+8)
Lease Type Absolute NNN
Lease Term 21.5
Lease Expiration 04/02/2027
Remaining Term 0.8
Rent Bumps Yes
Lease Options 4 - 5 Year (minimum 180 days notice)
Price per SqFt $477
Year Built 1982
Buildings 1
Stories 1
Acreage 0.780
Investment Type Net Lease
Lease Commencement 10/03/2005
Ground Lease Yes
Ownership Ground Lease (Land Only)

Re-Tenant/Development Opportunity in Dallas-Fort Worth Metroplex

Marketing description

The Northmarq National Restaurant Group is pleased to present this single‑tenant Jack in the Box located at 201 W Parker Rd in Plano, Texas, within one of North Texas’ most established and densely populated commercial corridors. The property benefits from excellent visibility and access along Parker Rd (48,560 VPD) and immediate connectivity to Highway 75 (246,359 VPD), providing regional access throughout the Dallas–Fort Worth Metroplex via I‑635 and the George Bush Turnpike.

Plano is home to one of the strongest white‑collar employment bases in the region, led by major corporate headquarters and regional offices including JPMorgan Chase (11,261 employees), Capital One (5,649 employees), Toyota Motor North America (4,900 employees), PepsiCo, Ericsson, Liberty Mutual, and FedEx Office. These employers drive consistent weekday demand and support above‑average household incomes throughout the trade area. The location is further reinforced by Medical City Plano (603 beds) and Baylor Scott & White Medical Center – Plano (160 beds), generating daily traffic from hospital staff, patients, and visitors.

The property directly benefits from 1,877 multifamily units within a 1‑mile radius, combined with strong residential density of 14,000+ residents within 1 mile and 117,000+ residents within 3 miles, creating a dense and dependable consumer base. The 3,143 square‑foot freestanding building, featuring an existing drive‑thru lane, offers long‑term flexibility for future QSR and retail users.

The tenant operates under an absolute NNN ground lease with no landlord responsibilities, providing truly passive income and insulation from rising operating and capital costs. Additionally, the lease is corporately guaranteed by Jack in the Box, offering secure income for the remaining lease term while positioning the asset for future re‑tenanting or redevelopment in a proven, high‑traffic retail corridor.

Investment highlights

HIGH PERFORMING CO-TENANCY

The property is surrounded on all sides by top performing retailers, providing QSR demand to the area. These include Walmart (78th percentile nationally), Target, Sam's Club, Costco (53rd percentile in TX), The Home Depot, Lowe's, Academy Sports + Outdoors, Ross, Burlington, and many more. (Placier.ai)

DENSE CORPORATE EMPLOYMENT BASE

Plano is home to one of North Texas’ deepest white‑collar employment clusters, led by JPMorgan Chase (11,261 employees), Capital One (5,649 employees), Toyota Motor North America (4,900 employees), PepsiCo (3,759 employees), Ericsson (3,346 employees), Liberty Mutual (2,100 employees), FedEx Office (1,387 employees) and more. These HQs and regional centers provide the area with weekday demand and above-average incomes.

MULTIPLE HOSPITALS NEARBY

Medical City Plano (603 beds) and Baylor Scott & White Medical Center – Plano (160 beds) anchor a major medical district, generating consistent daily traffic from staff, patients, and visitors.

1,800+ MULTIFAMILY UNITS WITHIN 1 MILE

The property directly benefits from the 1,877 multifamily units located within the surrounding mile, further highlighting the area's density.

EXCELLENT VISIBILITY AND ACCESS TO HIGHWAY 75

The property's location along Parker Rd (48,560 VPD) provides direct visibility and access to Highway 75 (246,359 VPD). Highway 75 connects with the broader Dallas-Fort Worth Metroplex area via I-635 and George Bush Turnpike.

CORPORATELY GUARANTEED BY JACK IN THE BOX

The lease is corporately guaranteed by Jack in the Box, providing secure income for the next year of the remaining lease term.

LARGE QSR BUILDING W/ DRIVE-THRU

The property's 3,143 SF and existing drive-thru lane allow for multiple other QSR and retail users to occupy the space.

ABSOLUTE NNN LEASE PROVIDES PASSIVE INVESTMENT AND INCOME

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

DENSE AND AFFLUENT DEMOGRAPHICS

The population surrounding the property provides a strong consumer base with over 14,000 residents within 1 mile and over 117,000 residents within 3 miles.

Listing Contacts

WP
CA 01890646
NorthMarq - San Diego
ML
OR 201225340
Northmarq - Portland
MB
CA CA 02222246
NorthMarq - San Diego
EE
OR 201253957
Northmarq
Listed by NorthMarq - San Diego, Northmarq - Portland, Northmarq

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$61,726.00
$5,143.83/mo

Valuation Metrics

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DSCR
4.12%
Cap Rate
4.12%
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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