Jack in the Box Little League Drive & I-215, San Bernardino, CA Cap Rate 4% San Bernardino ( California, US ) Built

$2,998,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 2,671 sq. ft.
  • Development Level: Built
  • Lot Size: 0.86 acres
  • Year Built: 2021

Description

Jack in the Box Little League Drive & I-215, San Bernardino, CA Cap Rate 4%

Cap Rate: 4%
NOI: $120,000
Building Size: 2,671 sqft
Lot Area: 0.86 acres
Tenancy: Single
Year Built: 2021
Lease Expire Year: 06/30/2041

Price: $2,998,000 USD

DESCRIPTION
• Strong Investment Fundamentals
o Absolute NNN Ground Lease – Tenant is responsible for 100% of all costs, repairs, and maintenance, including roof, and structure
o Jack in the Box (NASDAQ: JACK) is one of the largest operators and franchisors of restaurants in the world with over 2,200 locations in 21 states
o Lease guaranteed by Allied Restaurant Management, LLC an experienced franchisee who operates multiple Jack in the Box locations
o Brand new construction with new 20-year lease
o Favorable rent increases of 10% every 5 years allow for healthy rent growth – over $25,000 after 10 years
o High Identity Location – Property immediately fronts the I-215 freeway.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.