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Restaurant

Corporate Jack in the Box (Leasehold Interest)

732 Hebron Pkwy, Lewisville, TX 75057

Listing Price: $665,000

Cap Rate
6.25%
Tenant Name
Jack in the Box
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
2,857
Lease Type
Absolute Net
Rent Per Square Feet
$1,453.34

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale the leasehold interest in a single-tenant property located at 732 Hebron Parkway, Lewisville, Texas 75057. ? The subject property is comprised of 2,875 square feet, built-in 2002 on a moderate 39,857 square-foot lot. Jack in the Box is located just Hebron Parkway which oversees ±23,800 Vehicles Per Day. The property is surrounded by national tenants and near Interstate I-35E which oversees ±47,000 Vehicles Per Day. ? Jack in the Box has always been the place for those who live outside the box. Where you can try new things and order what you want when you want it, while always getting it fast, hot and fresh. Opened in 1951, we’re now one of the nation’s top fast-food burger chains with over 2,200 quick-serve restaurants in the U.S. and Guam. And with roughly 90% of our 500 million annual guests choosing drive-thru or take-out, we know the importance of convenience. Since opening, we’ve spearheaded conveniences that would become industry standards like the drive-thru, breakfast sandwiches and portable salads. Now we feature one of the largest and most distinctive menus in the quick-serve restaurant space. Everything from burgers to tacos to egg rolls. All cravings are welcome here. If you love the classics, burgers make up the core of our menu with the signature Jumbo Jack®, Ultimate Cheeseburger, the Buttery Jack™ and the Sourdough Jack® on our trademark toasted sourdough. If you seek good value, we offer Jack’s Deals with our famous two tacos, chicken nuggets, Jr. Bacon Cheeseburger and more. And for the customization-minded looking to make that perfect flavor mix, we offer endless flexibility. We don’t dictate cravings. We serve our full menu, including breakfast, all day every day. Want a burger for breakfast or breakfast sandwich for dinner? You got it. And with many locations open 18–24 hours, you can always get just what you want, when you want it, at Jack in the Box.

Investment Highlights

  • Rare Leasehold Interest Opportunity: High Yield Investment with Corporate Guaranty; Property is 100% Depreciable, Providing Increased Cash Flow.
  • Corporate Jack in the Box with Drive-Thru: (NASDAQ: JACK); one of the Largest Operators & Franchisors of Restaurants in the world ±2,200 Stores & ±22,000 employees.
  • Absolute-Net Lease: Jack in the Box has 11-Years Remaining with Two, 5-Year Options to Extend. Every 5-Years the lease calls for 8% Rent Escalations. Tenant just committed to a 10- year extension.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Restaurant

Corporate Jack in the Box (Leasehold Interest)

Listing Price: $665,000

Cap Rate
6.25%
Tenant Name
Jack in the Box
Years Remaining On Lease
10.6
Guarantor
Corporate Guarantee
Rentable SF
2,857
Lease Type
Absolute Net
Rent Per Square Feet
$1,453.34

Investment Highlights

  • Rare Leasehold Interest Opportunity: High Yield Investment with Corporate Guaranty; Property is 100% Depreciable, Providing Increased Cash Flow.
  • Corporate Jack in the Box with Drive-Thru: (NASDAQ: JACK); one of the Largest Operators & Franchisors of Restaurants in the world ±2,200 Stores & ±22,000 employees.
  • Absolute-Net Lease: Jack in the Box has 11-Years Remaining with Two, 5-Year Options to Extend. Every 5-Years the lease calls for 8% Rent Escalations. Tenant just committed to a 10- year extension.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale the leasehold interest in a single-tenant property located at 732 Hebron Parkway, Lewisville, Texas 75057. ? The subject property is comprised of 2,875 square feet, built-in 2002 on a moderate 39,857 square-foot lot. Jack in the Box is located just Hebron Parkway which oversees ±23,800 Vehicles Per Day. The property is surrounded by national tenants and near Interstate I-35E which oversees ±47,000 Vehicles Per Day. ? Jack in the Box has always been the place for those who live outside the box. Where you can try new things and order what you want when you want it, while always getting it fast, hot and fresh. Opened in 1951, we’re now one of the nation’s top fast-food burger chains with over 2,200 quick-serve restaurants in the U.S. and Guam. And with roughly 90% of our 500 million annual guests choosing drive-thru or take-out, we know the importance of convenience. Since opening, we’ve spearheaded conveniences that would become industry standards like the drive-thru, breakfast sandwiches and portable salads. Now we feature one of the largest and most distinctive menus in the quick-serve restaurant space. Everything from burgers to tacos to egg rolls. All cravings are welcome here. If you love the classics, burgers make up the core of our menu with the signature Jumbo Jack®, Ultimate Cheeseburger, the Buttery Jack™ and the Sourdough Jack® on our trademark toasted sourdough. If you seek good value, we offer Jack’s Deals with our famous two tacos, chicken nuggets, Jr. Bacon Cheeseburger and more. And for the customization-minded looking to make that perfect flavor mix, we offer endless flexibility. We don’t dictate cravings. We serve our full menu, including breakfast, all day every day. Want a burger for breakfast or breakfast sandwich for dinner? You got it. And with many locations open 18–24 hours, you can always get just what you want, when you want it, at Jack in the Box.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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