Standard & Poors BBB Rating Property
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Standard & Poors BBB Rating Property # 1155
Standard & Poors BBB Rating Property Tenant:
Jack In The Box
Capitalization Rate (CAP): 9%
Asking Price: $996,945
Net Operating Income (NOI): $89,725 year 1-5, CPI increase every 5 years, capped at 3% per year. Four 5 year options based on CPI increase every 5 years, capped at 3%.
State Located: TX
Lease Terms: 18 years, commenced On or before April1, 1996.
Size of Building: 2,681 sq. ft.
Size of Lot: 34,300 sq. ft.
Financing Obligations: None
Additional Comments: High end income area with substantial housing development and retail. The site is on a pad of a new retail development consisting of a 38,000 sq. ft. mart and a 30,000 sq. ft. of retail in-line shop space.
Request for Package & Non-Exclusive Agreement: Buyers currently under agreement in our files, simply request more information. Buyers interested
in the above Standard & Poors BBB Rating Property and not yet under previous agreement, please request our agreement.
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This Standard & Poors BBB Rating Property is offered subject to prior placement, withdrawal, cancellation, or other conditions without prior notice.