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Investment Highlights
- Located less than 7 miles from George Bush Intercontinental Airport (IAH)
Executive Summary
Building Size ±2,575 SF
Land ±0.67 Acres
Year Built 2004
Lease Commencement May 5, 2006
Lease Expiration May 4, 2029
Renewal Options Three (5) year renewals
Rent Increases Every (5) years, historical increases of 8%
Roof and Structure Tenant
Guarantor Corporate
NOI $107,335.20
Cap Rate 5.75%
Land ±0.67 Acres
Year Built 2004
Lease Commencement May 5, 2006
Lease Expiration May 4, 2029
Renewal Options Three (5) year renewals
Rent Increases Every (5) years, historical increases of 8%
Roof and Structure Tenant
Guarantor Corporate
NOI $107,335.20
Cap Rate 5.75%
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,575 SF
Building Class
A
Year Built
2004
NOI
$107,335
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.67 AC
Opportunity Zone
Yes
Zoning
N/Ap, Houston - No zoning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Apr 2024
Jack in the Box began in 1951 as a fast-food concept and has grown into a restaurant company that operates and franchises the Jack in the Box brand. The business centers on burgers, tacos, chicken, breakfast, and beverages, with service built around drive-thru, takeout, pickup, and delivery. Jack in the Box also operates Del Taco, extending the portfolio into Mexican-American quick-service dining. Across its brands, the company serves a broad U.S. market with additional presence in Guam and Mexico, and the menu includes all-day breakfast alongside a wide mix of classic and value-focused items.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | - | - | Triple Net | Apr 2024 |
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
20/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1262020010001 | Improvements Assessment | $521,588 |
| Land Assessment | $174,330 | Total Assessment | $695,918 |
Property Taxes
Parcel Number
1262020010001
Land Assessment
$174,330
Improvements Assessment
$521,588
Total Assessment
$695,918
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