Jack in the Box NNN Property For Sale — McAllen, TX
Ogden Ave, McAllen, TX
This Jack in the Box property presents an exceptional opportunity for passive, management-free ownership with zero landlord responsibilities. Boasting over two decades of successful operation, this proven location demonstrates strong site performance and tenant commitment. The tenant has already exercised its first renewal option, signaling long-term confidence in the site, with two additional 5-year options remaining. The property benefits from enhanced site utility and increased customer traffic due to an integrated convenience store and gas station sublease, which includes extensive environmental protections for the landlord. Strategically positioned at a high-visibility signalized corner, it offers strong access, excellent visibility, and consistent daily traffic counts. Located withi…
- Address: Ogden Ave, McAllen, TX
- Asking price $3.00M
- 6.80% cap rate
- NOI $203,795
- 10 years remaining
- NNN lease
- Year built: 2018
- Building size: 2,026 SF
- Lot size: 2.30 acres
- Rent increases: Renewal option 1 exercised; Two 5-year options remaining
- Guarantor: Corporate
Location
This Jack in the Box property is at Ogden Ave in McAllen, Texas.
Asset type: Quick Service Restaurant (QSR)