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33802383
33802382

2702 Reid Boulevard, Pearland, TX 77581

BM
TX 548333
Secure Net Lease
GB
TX 843004
Secure Net Lease
ML
TX 840834
Secure Net Lease
JC
TX 597891
Secure Net Lease
TH
TX 826482
Secure Net Lease
Listed by Secure Net Lease
$2,755,000
2 days on market
Updated 1 day ago

Jack in the Box

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,684
Cap Rate 6.25%
NOI $172,182
Occupancy 100%
Tenancy Single
Brand/Tenant Burger King, McDonald's (+6)
Lease Type Absolute NNN
Lease Term 33
Lease Expiration 06/30/2031
Remaining Term 5
Rent Bumps Yes
Lease Options (1), 5-Year Option to Renew
Year Built 1998
Acreage 0.760
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/01/1998
Ground Lease No

6.25% CAP | Long-Term Commitment to Site: 28+ Years of Continuous Occupancy

Marketing description

  • Recently Exercised Option to Extend Absolute NNN Lease through 2031 and 1 Remaining 5-Year Option Following with 8% Rental Increase.
  • 28+ Years of Continuous Occupancy demonstrating long-term commitment to site and supporting 264,000+ annual visitors ranking top 8% of Jack in the Box locations nationally
  • Prime Location on Signalized Hard Corner Along Pearland's Primary Retail Thoroughfare with 34,000+ Combined Daily Vehicles and a 5-Mile Population exceeding 164,000 people
  • Pearland is Experiencing Rapid Growth highlighted by the $160 million expansion of Broadway Street from four to six lanes to support new and planned developments, including the 122-acre mixed-use redevelopment of The Orchard, 3,500-acre master planned community at Shadow Creek Ranch with 15,000+ homes and 564-acre commercial development, and a 1 million-square-foot distribution center at Lower Kirby.
  • Top-Tier Market Rankings & Growth Metrics - Houston Ranks among the top U.S. metros for job growth and population growth, with estimated $3B in annual sales volume and one of the most active development pipelines in the country
  • Investment-Grade Corporate Guarantee by Jack in the Box Inc. (NASDAQ: JACK) – A nationally recognized quick-service restaurant operator with a decades-long operating history, more than 2,130 locations nationwide, and a publicly traded corporate platform, providing investors with strong income security and long-term tenant stability.

Investment highlights

  • Recently Exercised 5-Year Option Through 2031: Absolute NNN Lease | 1 Remaining 5-Year Option with 8% Rental Increase
  • Long-Term Commitment to Site: 28+ Years of Continuous Occupancy | Supports 264,000+ Annual Visitors and Ranks in the Top 8% of Jack in the Box Locations Nationally
  • Prime Signalized Hard Corner Location Along Pearland’s Primary Retail Corridor: 34,000+ Combined VPD
  • Pearland is Experiencing Significant Growth: $160M Broadway St. Expansion | 3,500-Acre Shadow Creek Ranch (15,000+ Homes) & 122-Acre Mixed-Use Redevelopment at The Orchard
  • Houston is Ranked as the #2 Most Active Retail Development Markets in the U.S.

Listing Contacts

BM
TX 548333
Secure Net Lease
GB
TX 843004
Secure Net Lease
ML
TX 840834
Secure Net Lease
JC
TX 597891
Secure Net Lease
TH
TX 826482
Secure Net Lease
Listed by Secure Net Lease

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$172,182.12
$14,348.51/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Zoning

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GB CommercialGeneral CommercialGeneral Business Retail
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Bob Moorhead
License
548333
Name
Garrison Berkley
License
843004
Brokerage
Secure Net Lease
Brokerage Phone
214-522-7200
Title
Broker Associate
Name
Morgan LeCorgne
License
840834
Brokerage
Secure Net Lease
Brokerage Phone
2144447878
Title
Broker Associate
Brokerage Address
10000 North Central Expressway
Name
Joe Caputo
License
597891
Name
Thomas House
License
826482
Brokerage
Secure Net Lease
Title
Associate
Brokerage Address
10000 North Central Expressway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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