1233 6th St - Fast Food FOR SALE


Crescent City, CA 95531
$2,111,831 USD
714-504-0262
1233 6th St, Crescent City, CA for Sale
$2,111,831 USD
Fast Food - FOR SALE
1/7
null | 4.75% Cap Rate

1233 6th St
Crescent City, CA 95531


HIGHLIGHTS

  • Corporate Guarantee - Jack in Box (NASDAQ: JACK) operates 2,100+ locations nationwide and is one of America’s premier fast food chains
  • Absolute NNN Lease - Zero Landlord Responsibilities, tenant covers all expenses including taxes, insurance, roof, structure & common area maintenance
  • Below Market Rent with Future Upside - current rent is below market for comparable QSRs in Northern CA, offering strong upside potential at expiration
  • Drive-Thru Location with Strong Operational History - operating since 2001, Jack in the Box recently extended their lease
  • Strategic Location with Limited Competition - the property benefits from high visibility and strong traffic counts along US Route 101

OVERVIEW

CBRE, Inc. is pleased to offer for sale the 2,760-square-foot Jack in the Box situated on 0.48 acres in Crescent City, California. The property features an absolute NNN lease with approximately 11 years of term remaining, including scheduled rental increases every five (5) years throughout the lease and in each of the two (2) five-year renewal options. Jack in the Box has demonstrated its long-term commitment to the site and confidence in the trade area by recently extending its lease. This location is one of the few Jack in the Box restaurants in the region—the next closest is located over 85 miles south in Eureka, California.

FOR SALE DETAILS

PRICE

$2,111,831 USD

PRICE/SF

$791 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack in the Box

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C2

APN/PARCEL ID

118-160-009,118-160-010

ASK ABOUT THIS PROPERTY

Arthur FloresCBRE, Inc.More Info
714-504-0262

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Arthur FloresCBRE, Inc.More Info
714-504-0262

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.