Jack In The Box


Property ID #: 19154
Tenant Name: Jack In The Box
Street Address:
City: Palmdale
State: CA
Zip: 93550

COMPANY DESCRIPTION

Founded in 1951, Jack in the Box Inc. is a restaurant company that operates and franchises Jack in the Box® restaurants and—through a wholly owned subsidiary—Qdoba Mexican Grill® restaurants in a combined 47 states plus the District of Columbia and Canada. Jack in the Box is among the nation’s leading fast-food hamburger chains, with more than 2,200 quick-serve restaurants in 21 states and Guam. As the first major hamburger chain to develop and expand the concept of drive-thru dining, Jack in the Box has always emphasized on-the-go convenience, with approximately 85 percent of the half-billion guests served annually buying food at the drive-thru or for take-out. In addition to drive-thru windows, most restaurants have indoor dining areas and are open 18-24 hours a day.Qdoba Mexican Grill, which was acquired by Jack in the Box Inc. in January 2003, is a leader in fast-casual dining – with more than 600 restaurants in 47 states as well as the District of Columbia and Canada. Qdoba is a Mexican kitchen where anyone can go to enjoy a fresh, handcrafted meal prepared right in front of them. Each Qdoba restaurant showcases food that celebrates a passion for ingredients, a menu full of innovative flavors, handcrafted preparation and inviting service. For more on Qdoba, including information on its menu and locations, please visit www.qdoba.com. Based in San Diego, Jack in the Box Inc. has more than 22,000 employees.

Sector: Quick-Service Restaurants (QSR)

FINANCIAL PROFILE

Price: $2,888,815
NOI:
Cap Rate: 3.65
Price PSF: N/A
Rent PSF: N/A
Credit Rating (S&P): NR

LEASE ABSTRACT

Lease Type: NNN
Years Remaining: 21
Initial Term Increases: 8.00% Every 5-Years
Initial Term Lease Begin: 0000-00-00
Initial Term Lease Expiration: 0000-00-00
Renewal Options: Four 5-Year Options
Option Increases:
Rent Holidays:

PROPERTY OVERVIEW

Type of Ownership:
Year Built: 0000
Year Remodeled :
Tenancy :
Gross Leasable Area (GLA):
Building Size (SFT) : 2
Lot AC :

DEMOGRAPHICS

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Average Household Income
1-Mile: 0.00
3-Mile: 0.00
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INFORMATION REQUEST

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