Archive for: Fountain

 

• 100% leased single-tenant NNN fee simple (land & building) providing a new investor with a very secure asset
• Lease is guaranteed by  Franchise Operator (Bladow Enterprises) by operator himself – not just a LLC/Entity guarantee, Bladow Enterprises operated 22 Jack In The Box Restaurants and 3 Qdoba Restaurants in Colorado, Nevada and California
• Jack In The Box has been operating at this location since 2009 providing new investor with confidence given the location has been established
• Brand new 15 year absolute NNN lease will commence at Close of Escrow with fixed 10% rent increases every 5 years
• Lease calls for Four – 5 Years options to extend following the initial lease term
• Jack In The Box is a national credit QSR Restaurant, publically traded on the NYSE:JACK with over 2,200  locations throughout 20 states.  2013 revenue was reported at $2.25 billion. Additionally Jack In The Box operates the Qdoba mexican grill concept with 510 locations in 45 states