Log In/Sign Up
Your email has been sent.
Jack in the Box Absolute NNN Lease 7380 Tx-105 2,115 SF Retail Building Beaumont, TX 77708 $1,625,277 ($768.45/SF) 6.50% Cap Rate
Investment Highlights
- Absolute NNN Lease
- Corporate Guarantee
- Scheduled Increases in Rent
- Zero Landlord Obligations
- North and South bound freeway access - Strong Traffic Counts
- Income Tax Free State
Executive Summary
This is the opportunity to acquire a well-established Jack in the Box location in Beaumont, Texas, secured by an Absolute NNN Lease. The tenant recently executed an early five-year lease extension, extending the lease term through September 30, 2032. The lease features rental increases every five years, along with three additional five-year renewal options. The site boasts a prime location along Texas 105, with excellent visibility to 19,877 vehicles per day, just minutes from Route 96, which sees 48,664 vehicles per day and provides direct access to Downtown Beaumont.
This offering features an Absolute NNN Lease structure with zero landlord responsibilities, backed by a corporate guaranty from Jack in the Box. Combined with its location in income tax-free Texas, this asset provides investors with a stable, passive income stream in a pro-business environment.
This offering features an Absolute NNN Lease structure with zero landlord responsibilities, backed by a corporate guaranty from Jack in the Box. Combined with its location in income tax-free Texas, this asset provides investors with a stable, passive income stream in a pro-business environment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,115 SF
Building Class
C
Year Built
2003
Price
$1,625,277
Price Per SF
$768.45
Cap Rate
6.50%
NOI
$105,643
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.64 AC
Zoning
GC-MD) General Commercial
Parking
36 Spaces (17.02 Spaces per 1,000 SF Leased)
Frontage
177’ on Tx-105
Amenities
- Pylon Sign
- Drive Thru
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
CommunityBank of Texas
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
