Archive for: Fast Food

 

• Single Tenant NNN  Ground Lease
• Corporate Guaranteed Lease
• Zero Management Responsibility
• Favorable 10% Increases Every 5 Years
• Adjacent to McLain High School
• Established Location

 

• 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

Sands Investment Group is pleased to exclusively offer for sale a single-tenant Absolute NNN Lease Whataburger in Thomasville, GA. This free-standing location is within the Tallahassee Metropolitan Statistical Area  and consists of 3,385 SF on a 43,124 SF lot.  The current Lease is guaranteed by Whataburger Restaurants LP, a privately held national QSR chain. Whataburger’s lease currently runs through 2024 and they have the option for two 5-year extensions.  This outfit is located along a strong retail corridor next to tenants such as Lowe’s, Sun Trust Bank and Best Western.