Jack in the Box NNN Property For Sale — Corpus Christi, TX
10602 I-37, Corpus Christi, TX 78410
This Jack in the Box restaurant offers an exceptional investment opportunity. Constructed in 2008, the property features a corporate guaranteed absolute NNN lease, ensuring minimal landlord responsibilities. The lease includes attractive CPI rent increases every 5 years, capped at 8%. Strategically located at a freeway off/on ramp to Interstate 37, the property benefits from high visibility and accessibility. The +/-2,477 sq. ft. restaurant is equipped with a drive-thru and sits on approximately 1.05 acres, with street access from both McKinzie Road and Up River Road. Nearby amenities include a Mobil Gas Station, a La Quinta Hotel, and a recently built Best Western Plus Executive Residency Hotel. Corpus Christi is a thriving coastal city with a strong population and household income withi…
- Address: 10602 I-37, Corpus Christi, TX 78410
- Asking price $1.75M
- 6.50% cap rate
- NOI $113,750
- 2.3 years remaining
- NNN lease
- Year built: 2008
- Building size: 2,477 SF
- Lot size: 1.05 acres
- Lease expiration: Jun 30, 2028
- Rent increases: 8.0% every 5 years
- Guarantor: Corporate
Location
This Jack in the Box property is at 10602 I-37 in Corpus Christi, Texas.
Asset type: Restaurant