Jack in the Box

2,258 SF | Retail Building | Stockton, CA 95204 | $2,052,826 ($909/SF) | 5.50% Cap Rate

Asking Price $2,052,826

Property Type: Retail, Restaurant
Square Feet: 2,258 SF
Price / Square Foot: $909

Listing Contacts

Will Pural

Verified Profile

Property Info

Property Overview

CIRE Partners is pleased to present a single-tenant net leased investment property in Stockton, California, which is the county seat of San Joaquin County. The subject property has been occupied by Jack in the Box since the property was built in 1974, and is located at 1504 Pacific Avenue. The site consists of an approximately 2,258 square foot building on an approximately 0.46 acre parcel of land. Strategically located at the signalized intersection of Pacific Avenue and W Harding Way, two retail and residential thoroughfares serving the City of Stockton, the subject property benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, a local trade area that provides demand and synergy, and limited fast food/quick service restaurant competition. In addition, this Jack in the Box property features a drive-thru, pylon signage, and is open 24 hours per day.
This Jack in the Box property is store #464 of approximately 2,200 in the entire Jack in the Box system. Jack in the Box #464 has successfully operated at this same location for almost 50 years. In addition, Jack in the Box recently exercised another option to renew the lease for a term of five years, which further demonstrates their commitment to this location. The long-term operating history, combined with a strong corporate lease guarantor, above average store sales and percentage rent payments (ask broker for details), equates to a highly demanded and seasoned property.

Property Details

Class: C
Year Built: 1974
Stories: 1
Property Subtype: Freestanding
Lot Size (sq. ft): 20,038 SF

Highlights

Absolute NNN Lease: ± 5 YRS remain w/ 3-5 YR options to renew
Rent Increases: Annual - Percentage Rent (ask broker for details)
Corporate Lease Guaranty (Jack in the Box Properties LLC)
Fee Simple Ownership (Land & Building)

Nearby Properties

$2,500,000

Owner-User (Manufacturing) - Vale, NC

82,876 SF | Industrial Building | Vale, NC 28168 | $2,500,000 ($30/SF)

7514 Nc Hwy
Vale, NC 28168

View Details
$1,150,000

5,484 SF | 100% Leased | Industrial Building | North Charleston, SC 29406 | $1,150,000 ($210/SF) | 1% Cap Rate

5639 Pullman Ave
North Charleston, SC 29406

View Details
40,000 SF | Industrial Building | Dahlonega, GA 30533 | For Sale

00 Lumpkin County Pkwy
Dahlonega, GA 30533

View Details
University Crossing Office Building

6,926 SF Office Condo Unit in Dayton, OH 45417

1435 Cincinnati St
Dayton, OH 45417

View Details
Dallas MSA

2.8 Acres of Commercial Land in Dallas, TX 75243

9200 Markville Dr
Dallas, TX 75243

View Details
$1,825,000

Entenmann's Bakery Outlet

8,160 SF | Retail Building | Lakeland, FL 33801 | $1,825,000 ($224/SF)

3354 Us Highway 92
Lakeland, FL 33801

View Details
$422,093

0.57 Acres of Commercial Land Offered at $422,093 USD in Broken Arrow, OK 74012

850 Msn Ave
Broken Arrow, OK 74012

View Details

Similar Properties

$2,052,826

Jack in the Box

2,258 SF | Retail Building | Stockton, CA 95204 | $2,052,826 ($909/SF) | 5.50% Cap Rate

1504 Pacific Ave
Stockton, CA 95204

View Details
$2,052,983

15.71 Acres of Commercial Land Offered at $2,052,983 USD in Union Gap, WA 98903

16Th Ave
Union Gap, WA 98903

View Details
$2,053,000

Dollar General | Hartford CT

7,510 SF | Retail Building | Hartford, CT 06114 | $2,053,000 ($273/SF) | 6.25% Cap Rate

649 Wethersfield Ave Ave
Hartford, CT 06114

View Details
$2,053,000

Corp Arby's | Early Extension | 10+ Yrs NNN

3,320 SF | Retail Building | Newark, OH 43055 | $2,053,000 ($618/SF) | 6% Cap Rate

100 Speedway Dr
Newark, OH 43055

View Details
$2,052,632

NN Family Dollar Tree | Duffield, VA

10,500 SF | 4-Star Retail Building | Duffield, VA 24244 | $2,052,632 ($195/SF) | 6.65% Cap Rate

216 Duff Patt Hwy
Duffield, VA 24244

View Details
$2,052,208

5.89 Acres of Commercial Land Offered at $2,052,208 USD in Oklahoma City, OK 73131

1121 Memorial Rd
Oklahoma City, OK 73131

View Details
$2,052,200

10,261 SF | 4-Star Retail Building | Colorado Springs, CO 80917 | $2,052,200 ($200/SF) | 7.80% Cap Rate

5706 Carefree Cir
Colorado Springs, CO 80917

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].