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Restaurant

Jack in the Box | Ranked #1 in NM & Top 5% Nationwide

301 98th St NW, Albuquerque, NM 87121

Listing Price: $3,045,454

Cap Rate
5.50%
Tenant Name
Dancel LLC dba Jack in the Box
Years Remaining On Lease
17.4
Gross SF
2,809
Guarantor
Personal Guarantee
Rentable SF
2,809
Price/Gross SF
$1,084.18
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$59.63

Investment Overview

Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is one of the nation's largest hamburger chains. The company operates and franchises more than 2,200 Jack in the Box restaurants in 21 U.S. states and Guam. Dancel, LLC is a Jack in the Box Franchisee with 7 Restaurants in New Mexico - Personal Guarantee from High Net Worth Individual.

As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.

Investment Highlights

  • 17+ Years Remaining on Absolute Triple-Net (NNN) Lease with Jack in the Box
  • 10 Percent Rental Increases Every Five Years Beginning in 2031, with Multiple Renewal Options
  • Ranked the Number One Jack in the Box in NM and Top Five Percent Nationwide per Placer.ai
  • Dense Albuquerque Infill with 161,201 Residents in a Five-Mile Radius
  • New Long Term Lease Extension Showing Tenant Commitment to Site
  • Households and Population Projected to Increase More Than Four Percent in the Surrounding Area by 2027
  • Excellent Visibility Along 98th Street NW (39,500+ Cars per Day)
  • Within a 20 Minute Drive of Downtown Albuquerque and Albuquerque International Sunport

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 | Ranked #1 in NM & Top 5% Nationwide

Listing Price: $3,045,454

Cap Rate
5.50%
Tenant Name
Dancel LLC dba Jack in the Box
Years Remaining On Lease
17.4
Gross SF
2,809
Guarantor
Personal Guarantee
Rentable SF
2,809
Price/Gross SF
$1,084.18
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$59.63

Investment Highlights

  • 17+ Years Remaining on Absolute Triple-Net (NNN) Lease with Jack in the Box
  • 10 Percent Rental Increases Every Five Years Beginning in 2031, with Multiple Renewal Options
  • Ranked the Number One Jack in the Box in NM and Top Five Percent Nationwide per Placer.ai
  • Dense Albuquerque Infill with 161,201 Residents in a Five-Mile Radius
  • New Long Term Lease Extension Showing Tenant Commitment to Site
  • Households and Population Projected to Increase More Than Four Percent in the Surrounding Area by 2027
  • Excellent Visibility Along 98th Street NW (39,500+ Cars per Day)
  • Within a 20 Minute Drive of Downtown Albuquerque and Albuquerque International Sunport

Investment Overview

Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is one of the nation's largest hamburger chains. The company operates and franchises more than 2,200 Jack in the Box restaurants in 21 U.S. states and Guam. Dancel, LLC is a Jack in the Box Franchisee with 7 Restaurants in New Mexico - Personal Guarantee from High Net Worth Individual. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.

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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