150 Highway 327 E - Fast Food FOR SALE


Silsbee, TX 77656 | 
$1,944,000 USD
310-750-7175
150 Highway 327 E, Silsbee, TX for Sale
$1,944,000 USD
Fast Food - FOR SALE
1/3
null | 6.37% Cap Rate

150 Highway 327 E
Silsbee, TX 77656


HIGHLIGHTS

  • Long-Term Triple Net Lease
  • Strong Highway 96 Visibility
  • Established Operating History
  • Dense National Retail Corridor

OVERVIEW

Surmount is pleased to present the exclusive listing for a Jack in the Box located at 150 Texas 327, Silsbee, TX 77656. The site consists of roughly 2,278 rentable square feet of building space on an estimated .76-acre parcel of land. Jack in the Box is subject to a 20-year Triple Net (NNN) lease, which commenced 12/30/2010. The current annual rent is $123,774 and has scheduled increases of CPI capped at 8% Every 5 Years.

FOR SALE DETAILS

PRICE

$1,944,000 USD

PRICE/SF

$853 USD /SF

CAP RATE

6.37%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack in the Box

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

-

APN/PARCEL ID

003250-009155

ASK ABOUT THIS PROPERTY

Kyle GulockSurmountMore Info
310-750-7175

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Kyle GulockSurmountMore Info
310-750-7175

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