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1825 SE Santiam Hwy
Albany, OR 97321
Jack in the Box (Ground Lease) · Retail Property For Sale

Investment Highlights

  • Single-Tenant QSR Ground Lease: Jack in the Box on a long-term ground lease provides predictable, low-management income.
  • Proven Performance: 22% growth in annual visits and 22+ years of operation highlight site durability.
  • Excellent Access: Direct access to Hwy 20, OR 99E, and I-5 (68K+ daily traffic).
  • Below-Market Rent with Upside: Current rent is ~30% below market, with CPI growth in 2028 and an FMR reset in 2033.
  • Prime Retail Location: Core Albany retail corridor near Heritage Mall (3.5M+ annual visits).
  • Strong Market Fundamentals: Growing, diverse economy with a tight 2.8% retail vacancy rate.

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.67 AC
Frontage
45’ on Santiam Way

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
0879830
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$955,760
  • Listing ID: 39256327

  • Date on Market: 1/29/2026

  • Last Updated:

  • Address: 1825 SE Santiam Hwy, Albany, OR 97321

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