Jack in the Box Triple Net Opportunity Fast Food Texas

Investment Offering

Tenant: Jack in the Box | Magnolia, TX
Premises: 2,857 SF
Renewal Options: 2 x 5 Years

Lease Expiration: 8/31/2029
Lease Type: NNN
Rental Increases: Fixed

Sands Investment Group is Pleased to Exclusively Offer For Sale the Jack in the Box Triple Net Opportunity Located at 6734 FM 1488 Road in Magnolia, Texas.

Corporate Guaranteed Triple Net (NNN) Lease Investment Opportunity
Rent Remains Fixed From September 1, 2019 Through August 31, 2029 and Each 5 Year Option Period Shall Be at 10% Increase Fixed For 5 Years
BB- Credit Tenant
Close Proximity to Major Retail Corridor Containing Multiple National Credit Tenants
Rapidly Growing Area With an Estimated 14% Increase Over the Next Five Years
Excellent Visibility on FM 1488 Road With High Traffic Counts With Over 45,700 VPD
Located Within the Extremely Affluent Magnolia Submarket – Average Household Income is Approximately $160,000 Within a 3-Mile Radius
Located Along the Main Retail Corridor of Magnolia
Growing Population With Over 98,300 Residents Within a 5-Mile Radius
Magnolia School District is One of the Fastest Growing Districts in the State of Texas
Nearby Tenants Include: Raising Cane’s, Kroger, Starbucks, ALDI, McDonald’s, Target, PetSmart, Ross, Home Depot, Taco Bell, Panda Express and More

In Cooperation With Sands Investment Group Austin, LLC – Lic. # 9004706
BoR: Max Freedman – Lic. # 644481

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Tenant Overview

Jack in the Box is an American fast-food restaurant chain founded in February 21, 1951, by Robert O. Peterson in San Diego, California, where it is headquartered. The chain has over 2,300 locations, primarily serving the West Coast of the United States. Restaurants are also found in selected large urban areas outside the West Coast, including Phoenix, Denver, Albuquerque, El Paso, Dallas-Fort Worth, Houston, Austin, San Antonio, Baton Rouge, Nashville, Charlotte, St. Louis, Indianapolis, and Cincinnati. Jack in the Box is among the nation’s leading fast-food hamburger chains, with more than 2,300 quick-serve restaurants in 21 states and Guam. As the first major hamburger chain to develop and expand the concept of drive-thru dining, Jack in the Box has always emphasized on-the-go convenience, with approximately 85 percent of the half-billion guests served annually buying food at the drive-thru or for take-out. In addition to drive-thru windows, most restaurants have indoor dining areas and are open 18-24 hours a day.

Area Overview