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Jack in the Box 633 E Springfield Rd 2,425 SF Retail Building Sullivan, MO 63080 $1,494,309 ($616.21/SF) 6.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Triple Net (NNN) Lease | This investment property is subject to an absolute triple net (NNN) lease. Absolutely zero landlord responsibilities
- Excellent Site Commitment | This tenant has operated out of this location since 1990
- Corporate Guarantee from Jack in the Box | Founded in 1951, Jack in the Box is the fifth-largest hamburger quick-service restaurant chain in the US
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Jack in the Box located at 633 East Springfield Road, Missouri 63080. The site consists of roughly 2425 rentable square feet of building space on an estimated 1.06-acre parcel of land. This Jack in the Box is subject to a 40-year Triple Net (NNN) lease, which commenced 2/15/1990. The current annual rent is $91,900 and has scheduled increases of Variable.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,425 SF
Building Class
C
Year Built
1990
Price
$1,494,309
Price Per SF
$616.21
Cap Rate
6.15%
NOI
$91,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.06 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35-3-080-4-099-151000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $188,788 |
PROPERTY TAXES
Parcel Number
35-3-080-4-099-151000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$188,788
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Jack in the Box | 633 E Springfield Rd
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