3326 E Grant Rd
Tucson, AZ 85716
Jack In The Box · Retail Property For Sale

12-MONTH SELLER RENT GUARANTEE | RARE PERCENTAGE RENT CLAUSE (2) The Seller is open to considering a guaranteed rental amount to the Buyer for up to 12-months following the close of escrow. See agent for further details. The lease offers a rare percentage rent clause which has consistently generated additional rent to the landlord. The additional rent has also increased substantially since the property was completely renovated to the latest Jack-in-the-Box design. STRONG FRANCHISEE WITH EXCLUSIVE RIGHTS TO SOUTHERN AZ (3) IChief LLC is a 21-unit operator with over 30-years of experience. Ichief owns the real estate on approximately 16 of the 21 sites. Operating metrics are transparent with the Landlord allowed to audit the books. IChief LLC has never closed a site. (1) Lease information has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Individuals are strongly advised to take appropriate measures to verify all of the information set forth herein. Buyer must conduct their own Due Diligence. (2) There is no guarantee that the Tenant will pay additional rent over and above their base rent. The additional rent projections forecasted from the historical percentage rent amounts are only projections and should not be relied upon. Buyer is responsible for verifying this information and we strongly urge the Buyer to consult with their financial experts when reviewing any financial information. (3) The Tenant under the Lease is IChief LLC, a Jack in the Box franchisee comprised of approximately 21 locations which holds underlying real estate in several of them.