This Jack in the Box property presents a rare NNN investment opportunity in the heart of Los Angeles, California. Offered at $3,000,000 with a 4.77% cap rate, the asset delivers a stable and predictable income stream backed by a nationally recognized fast-food brand with over 2,200 locations nationwide. The property benefits from a strong operating history and long-term tenancy, ensuring reliable performance for years to come.
The absolute NNN lease structure places zero landlord responsibilities on the owner, making this a truly passive investment. Current annual NOI is $143,244, and the tenant has already exercised the first option period, extending the commitment through December 2027 with multiple renewal options in place through 2042. Scheduled 8% rent escalations every five years provide built-in income growth.
Located along East Cesar E Chavez Avenue, the property enjoys exceptional visibility and high daily traffic counts. It is positioned near major institutions such as USC Medical Center and Cal State LA, surrounded by dense residential neighborhoods and local businesses that generate strong foot and vehicle traffic. This combination of a prime urban location, a proven tenant, and long-term lease security makes this offering an attractive choice for investors seeking a low-maintenance, income-producing property in a major U.S. metro market.