Jack in the Box - Net Lease Property for Sale
Pearland, TX
Key Investment Metrics
Price
$2,755,000
Cap Rate
6.3%
Net Operating Income
$172,182
Building Size
2684 SF
Lot Size
2,684 SF
Land Area
0.76 Acres
Remaining Term
4.9 years
Lease Expiration
06/30/2031
Lease Term
33 years
Lease Commencement
07/01/1998
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1998
Occupancy
100%
Tenancy
Single
Rent Increases
8% for Option Period
About This Jack in the Box Net Lease Property
This Jack in the Box NNN (triple net lease) property is located in Pearland, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 2684 square feet of building space and was built in 1998.
With a cap rate of 6.3%, this Jack in the Box net lease property offers stable income potential. The asking price is $2,755,000, making it an attractive option for 1031 exchange investors seeking quality Jack in the Box commercial properties.
Why Invest in Jack in the Box NNN Properties?
- Stable Income: Jack in the Box net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Jack in the Box is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Pearland, TX Market Overview
Located in Pearland, TX, this Jack in the Box property benefits from strong local demographics and market fundamentals. The Pearland area offers excellent visibility and accessibility, making it an ideal location for Jack in the Box operations and a solid investment for net lease property buyers.