14618 7th St - Restaurant FOR SALE
Victorville, CA 92395 |
14618 7th St
Victorville, CA 92395
HIGHLIGHTS
- New Long Term Lease - Jack in the Box recently renewed their lease for an additional 20 years, showing their commitment to the dense infill site.
- Absolute NNN Lease - With zero landlord responsibilities, the Absolute NNN lease structure provides for long-term passive ownership.
- Remodel - Jack in the Box has plans to remodel this site.
- Tax Deductions - Unlike a ground lease, the fee simple land and building sale allow an investor to depreciate the asset, increasing the overall return
- Dense Market- Located at a lighted intersection, the subject property is well positioned along a busy Palmdale Avenue.
- Secure Sector - The fast food industry has been one of the most stable business sectors through the pandemic.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Jack in the Box
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding
TOTAL BUILDING SIZE
1983
STORIES
1
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
0477-421-08
