4345 Charleston Ave, Las Vegas, NV 89104
2,857 SF | Retail Building | Las Vegas, NV 89104 | $2,286,000 ($800/SF) | 5.25% Cap Rate
For Sale
Active
Asking Price $2,286,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 2,857 SF
- Price / Square Foot
- $800
Listing Contacts
Dustin Alvino
Andy Pasbakhsh
Property Overview
The Alvino Group of Marcus & Millichap's Las Vegas office has been retained to exclusively market for sale a absolute net ground leased Jack in the Box in world famous Las Vegas. Invest in this premier Jack in the Box property located at 4345 E Charleston Boulevard, featuring an Absolute Net Ground Lease with seven years remaining. This property, backed by a corporate lease, showcases Jack in the Box's strong commitment, as evidenced by the exercise of two renewal options in 2020. Strategically positioned in a prime location, the property benefits from exposure to over 77,000 vehicles per day and is shadow-anchored by a Wal-Mart Neighborhood Market, significantly enhancing its visibility and foot traffic.
This Jack in the Box location ranks in the top 75% nationally and in the top 81% of all stores within a 15-mile radius, according to PlacerAI. Fast food chains like Jack in the Box demonstrate remarkable resilience during economic downturns, providing budget-friendly dining options that ensure counter-cyclical stability, making this a safer investment under various economic conditions. Jack in the Box’s dedication to innovation, seen in their diverse and frequently updated menu and dynamic marketing strategies, reflects their ability to adapt to changing consumer tastes and market conditions, fostering sustained business success.
With a rich history dating back to 1951, Jack in the Box's established brand attracts consistent customer traffic, ensuring reliable performance for investors. Furthermore, the current lease includes a 10% rental increase scheduled for March 14, 2026, promising enhanced future returns. Located in Nevada, one of nine states with significant tax advantages, this investment benefits from favorable tax conditions, making it a highly attractive opportunity for any investor.
This Jack in the Box location ranks in the top 75% nationally and in the top 81% of all stores within a 15-mile radius, according to PlacerAI. Fast food chains like Jack in the Box demonstrate remarkable resilience during economic downturns, providing budget-friendly dining options that ensure counter-cyclical stability, making this a safer investment under various economic conditions. Jack in the Box’s dedication to innovation, seen in their diverse and frequently updated menu and dynamic marketing strategies, reflects their ability to adapt to changing consumer tastes and market conditions, fostering sustained business success.
With a rich history dating back to 1951, Jack in the Box's established brand attracts consistent customer traffic, ensuring reliable performance for investors. Furthermore, the current lease includes a 10% rental increase scheduled for March 14, 2026, promising enhanced future returns. Located in Nevada, one of nine states with significant tax advantages, this investment benefits from favorable tax conditions, making it a highly attractive opportunity for any investor.
Property Details
- Class
- B
- Year Built
- 2001
- Stories
- 1
- Property Subtype
- Vehicle Related, Grocery/Convenience Store
- Lot Size (sq. ft)
- 26,572 SF
Highlights
- Jack in the Box | Absolute Net Ground Lease with Seven (7) years remaining | Corporate Lease
- Jack in the Box exercised two (2) options in 2020 demonstrating their commitment and strength of the location
- 4345 E Charleston Boulevard ranks in the top 75% nationally and in the top 81% of all stores within a 15-Mile Radius (PlacerAI)
- Prime Location: The property has exposure to over 77,000 Vehicles per Day | Shadow Anchored by a Wal-Mart Neighborhood Market
- Current JiB Lease calls for a 10% rental increase on March 14, 2026
- Nevada is 1 of 9 states with significant tax advantages
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