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Single-Tenant Net Leased Property # 1049
Single-Tenant Net Leased Property Tenant:
Jack In The Box
Capitalization Rate (CAP): 8.16%
Asking Price: $1,395,000
Net Operating Income (NOI): $113,837 based on rental increase effective 4-12-96
State Located: CA
Lease Terms: 4/12/1991 - 4/11/2009
Size of Building: 2,400 sq. ft.
Size of Lot: 27,225 sq. ft.
Financing Obligations:
Additional Comments: Escalations: Annual 3.5% increase. The tenant is Foodmaker, Inc., and NYSE listed company which owns and operates Jack In The Box restaurants worldwide. As of the end of March 1995, the company was operating and franchising a total of 1,231 Jack In The Box restaurant units.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above Single-Tenant Net Leased Property and not yet under previous agreement, please request our agreement.
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Information contained herein has been obtained from sources that are deemed reliable. We have no reason to doubt the accuracy, however we do not guaranty it.
This Single-Tenant Net Leased Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.