Jack in the Box | Palmdale, CA

37070 47th St East, Palmdale, CA

   SOLD!   

$3,200,000

Price

4.48%

Cap Rate

$143,667

NOI

Overview
Cap Rate
4.48%
NOI
$143,667
Building Size
2,975 sqft
Lot Area
29,245 sqft
Lease Type
Triple Net
Tenancy
Single
Lease Expire Year
July 2036
Description

Jack in the Box
Founded in 1951, Jack in the Box Inc. (NASDAQ: JACK), is a restaurant company based in San Diego. The company operates and franchises Jack in the Box® restaurants, it is one of the nation's largest hamburger chains, with more than 2,200 restaurants in 21 states and Guam, and Qdoba Mexican Eats®, a leader in fast-casual dining, with more than 700 restaurants in 47 states, the District of Columbia and Canada

Jack in the Box pioneered a number of firsts in the quick-serve industry, including menu items that are now staples on most fast-food menu boards, like the breakfast sandwich and portable salads. Today, Jack in the Box offers a selection of distinctive, innovative products targeted at the fast-food consumer, including hamburgers, specialty sandwiches, salads and real ice cream shakes. Hamburgers represent the core of the menu, including the signature Jumbo Jack, Sourdough Jack, Ultimate Cheeseburger and Buttery Jack burgers. And, because value is important to fast-food customers, the company's menu also features jack's Deals, which includes value-priced products like tacos, chicken nuggets, a chicken sandwich and a Jr.. Bacon Cheeseburger.

In addition to offering high-quality products, Jack in the Box recognizes that an increasing number of quick-serve customers also want the ability to customize their meals. Whether that means forgoing the bun and sauce in favor of a low-carb burger, or substituting ingredients to create the exact mix of flavors to suit an individual's personal tastes, customers have the flexibility at Jack in the Box. "We don't make it 'til you order it." So, regardless of the order, each meal is served hot and fresh to customers. We also serve our full menu, including breakfast, all day every day. So whether you want a Buttery Jack burger for breakfast or Breakfast Jack sandwich for dinner, you can get what you want whenever you want it at Jack in the Box.

Highlights
  • Triple Net Lease with 19+ years remaining on the initial term
  • 19+ Years Remaining on the Lease
  • Desirable Southern California Real Estate
  • Great Location Anchored by a Walmart And Lowe's
  • Corporate Guarantee - (NASDAQ: JACK)
  • Proven Location With Long Term Lease
Documents
Title
Offering Memorandum
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery