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Restaurant

Jack in the Box

301 98th St NW, Albuquerque, NM 87121

Listing Price: $2,904,000

Cap Rate
5.00%
Tenant Name
Jack in the Box
Years Remaining On Lease
8.5
Guarantor
Personal Guarantee
Rentable SF
2,800
Lease Type
Absolute Net
Rent Per Square Feet
$51.86

Investment Overview

This fee-simple quick service opportunity offers a true NNN lease with a drive thru. It is a sleep-at-night passive investment. The Tenant is responsible for all maintenance of the site, including roof & structure, insurance premiums and property taxes. The site is strategically located right off I-40, and serves a densely populated community in Albuquerque, NM.

Investment Highlights

  • Completely Passive NNN Lease with Zero Landlord Responsibilities
  • Highly Desirable National QSR Tenancy
  • Jack in the Box is one of the Top Burger Chains in the U.S. with over 2,200 locations
  • Franchised Location with Personal Guaranty
  • Built in regular rent increases hedge against inflation
  • Strategically located off I-40 near major travel stop destinations, such as national gas stations and restaurants, and a Wyndham hotel
  • Dense Demographics provide a built in Customer Base, over 160k people reside within 5 miles
  • Albuquerque has been steadily growing in population and is a growing hub for the film industry

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Restaurant

Jack in the Box

Listing Price: $2,904,000

Cap Rate
5.00%
Tenant Name
Jack in the Box
Years Remaining On Lease
8.5
Guarantor
Personal Guarantee
Rentable SF
2,800
Lease Type
Absolute Net
Rent Per Square Feet
$51.86

Investment Highlights

  • Completely Passive NNN Lease with Zero Landlord Responsibilities
  • Highly Desirable National QSR Tenancy
  • Jack in the Box is one of the Top Burger Chains in the U.S. with over 2,200 locations
  • Franchised Location with Personal Guaranty
  • Built in regular rent increases hedge against inflation
  • Strategically located off I-40 near major travel stop destinations, such as national gas stations and restaurants, and a Wyndham hotel
  • Dense Demographics provide a built in Customer Base, over 160k people reside within 5 miles
  • Albuquerque has been steadily growing in population and is a growing hub for the film industry

Investment Overview

This fee-simple quick service opportunity offers a true NNN lease with a drive thru. It is a sleep-at-night passive investment. The Tenant is responsible for all maintenance of the site, including roof & structure, insurance premiums and property taxes. The site is strategically located right off I-40, and serves a densely populated community in Albuquerque, NM.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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