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Friday, February 7, 2014

Jack in the Box Corporate Guaranty




 Listing Jack in the Box Corporate Guaranty
Price:$2,227,184
Status:New

The subject property consists of the ownership of improved land (26,190 square feet) occupied by a 2,867 square foot Jack in the Box quick service restaurant and drive-through. Built by Jack in the Box in 2000, the property is on an original 18 year absolute NNN lease with approximately 5.5 years remaining on the lease. The next rent increase of 8% is scheduled for November 26, 2016. The property is located directly on N. Airline Highway next to a newer Walgreens. The property was originally developed by Jack in the Box, Inc. and designed the exterior for their modern format utilizing metal roofing (Jack in the Box’s “All Weather” design). Heavy traffic past the site with over 32,000 cpd.


Jack in the Box Corporate Guaranty

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