31 Junction Dr
Glen Carbon, IL 62034
Jack in the Box | Glen Carbon, IL · Retail Property For Sale

The lease structure is triple net (NNN), with zero landlord responsibilities. Tenant is responsible for maintaining, repairing, and replacing all aspects of the property, as well as all required insurances, taxes, and utilities. The lease is corporately guaranteed by Jack in the Box, a national quick service restaurant chain with over 2,230 locations. There are seven (7.7) years remaining on the lease term, plus four (4), five (5) year options. The lease provides for 8% rental increases every five (5) years. There are 60,840 residents located in the five (5) mile demographic ring. The average household income in the three (3) mile demographic ring is an affluent $96,429. The property is situated on the hard-signalized corner of IL Route 159 / Troy Road & Junction Drive, which report combined traffic counts of 32,000 cars per day. Jack in the Box is an outparcel to a Walmart, Office Max, Goodwill and PetSmart which helps drives traffic to the store. It is located in Cottonwood Plaza surrounded by other national retailers such as Lowe’s, Sam’s Club, Home Depot, Walgreens, ALDI, Denny’s, Applebee’s, and KFC. SafeWise ranked Glen Carbon as one of the 50 Safest Cities in Illinois in 2019. Southern Illinois University Edwardsville (SIUE) is a nationally recognized university that enrolls more than 13,000 students. SIUE is located just 2 miles (6 minutes) from the subject property. The subject property is located just 22 miles (30 minutes) from St. Louis, a city that hosts more than 25.88 million visitors each year.