Listed by Marcus & Millichap - Oakland, Compass Commercial Real Estate
$4,254,000
Jack in the Box (Corporate Guarantee)
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,575
Cap Rate 6.5%
NOI $276,510
Occupancy 100%
Tenancy Single
Brand/Tenant Jack in the Box
Lease Type Absolute NNN
Lease Term 37.9
Lease Expiration 05/16/2029
Remaining Term 2.8
Rent Bumps Yes
Lease Options Two, 5-Year Options
Price per SqFt $1,190
Year Built 1968
Acreage 1.240
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/09/1991
Occupancy Date 07/09/1991
Ground Lease No
Ownership Fee Simple
Potential 13.5% Rent Increase in May 2028 | Stores Sales Available
Marketing description
Rare Bay Area Single-Tenant Investment Opportunity.
Investment highlights
Stores Sales Available Upon Request
Potential 13.5% Rent Increase in May 2028
Corporate Lease
Absolute NNN Lease
In Business at this location since 1991
Dense Infill Retail Location
Strong Demographics: $143,882 average HHI with a population of over 53,996 within a two-mile radius
Listing Contacts
Listed by Marcus & Millichap - Oakland, Compass Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$276,510.00
$23,042.50/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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Property History
Tax History
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