Jack in the Box
Value-Add Net Lease Investment with Near-Term Redevelopment / Owner-User Opportunity
Marketing description
Summit RE is pleased to exclusively present the opportunity to acquire a single-tenant Jack in the Box located at the signalized hard corner of Antoine Drive and Pinemont Drive in Houston, Texas.
The property is currently leased through April 2029, providing approximately three years of in-place cash flow while allowing investors time to plan for the property's next chapter. The current tenant has indicated they do not intend to exercise their renewal options, creating a rare opportunity to acquire a highly visible infill site with a defined path to vacancy.
Situated on a 0.42-acre corner parcel with excellent visibility and access, the property benefits from more than 31,000 vehicles per day, a population of over 357,000 residents within five miles, and surrounding national retailers including Whataburger, Popeyes, Dairy Queen, CVS, AutoZone, and Discount Tire.
Investment highlights
- Prime Infill Location in Houston TX | 4th Largest City in The U.S.
- Value-Add Opportunity | Short Term Lease with Below Market Rents
- Located on a Signalized Hard Corner | Excellent street frontage, strong signage exposure, and easy ingress/egress with immediate access to major retail corridors
- Densely Populated Trade Area | 137,531 residents within a 3-mile radius and 357,508 within 5 miles, supporting consistent consumer demand
- Strong Traffic Counts | Benefiting from 21,288 VPD on Antoine Dr and 16,515 VPD on Pinemont Dr
- Surrounding National Retailers Include Whataburger, Dairy Queen, Popeyes, Discount Tire, AutoZone, Antoine Square Shopping Mall, CVS, Pizza Hut and Many More.
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