Property Details

Jack in the Box

Castaic, CA
Property ID: 13712

Financial Summary

Asking Price $2,200,000
Cap Rate 4.70%
Net Operating Income (NOI) $102,850
Lease Type NNN
Lease Term Remaining 7 Years
The Offering Memorandum for this property is no longer available.

Contact

David Maling
Principal
213.618.3825
Christopher E. Maling
Principal - Retail Capital Markets
213.618.3824

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Highlights

  • Original 20-year ground lease
  • 7-Year remaining NNN lease
  • Seasoned location: opened & operating successfully since 2007
  • Corporate guarantor, Jack in the Box Inc, reported $104.3 million earnings from continuing operations in 2018
  • The property is in excellent condition
  • Large lot with ample parking
  • Drive-thru window
  • Located within a shopping center with a 400-500 student charter school from Kindergarten-12th Grade as well as an early childhood learning center
  • Located around dense residential neighborhoods with ±27,937 estimated households within 5-mile radius
  • Four 5-Year options at fixed rent
  • No landlord responsibility
  • Average household income within 5-mile radius is high at $140,297

Location

28090 Hasley Canyon Road
Castaic, CA

Amanda WillisJack in the Box