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Jack in the Box 10602 Ih 37 2,477 SF Retail Building Corpus Christi, TX 78410 $1,990,000 ($803.39/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease
- Highly visible from Interstate 37
- Property equipped with a 65' monumental sign
- CPI rent increases every 5 years not to exceed 8.0%
- Situated at a freeway off/on ramp
EXECUTIVE SUMMARY
This property enjoys visibility from Interstate 37, and is at a freeway off/on ramp. Corpus Christi is the 8th largest populous city in Texas with a reported 316,595 residents. This property is located less than 10 miles from Corpus Christi International Airport.
Jack in the Box (NASDAQ:JACK) operates and franchises 2,193 restaurants in the United States, of which 584 are located in the state of Texas.
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Jack in the Box is a U.S.-based quick-service restaurant company founded in 1951 by Robert O. Peterson in San Diego, California. The company operates and franchises restaurants under the Jack in the Box and Del Taco brands, serving a diverse menu that includes burgers, tacos, breakfast sandwiches, and sides. Jack in the Box pioneered the use of the two-way intercom system for drive-thru service, a feature that became an industry standard. Today, the company maintains a significant presence in the Western United States and other select markets, with thousands of franchised and company-operated locations.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 376362 | Improvements Assessment | $350,118 |
| Land Assessment | $148,489 | Total Assessment | $498,607 |
PROPERTY TAXES
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Jack in the Box | 10602 Ih 37
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