The restaurant which is 2,428 square feet in size sits on a 18,295 square feet of land and has been leased to Jack in the box on an absolute triple net lease basis for 15 years. The building which lies in the front of a Lowe's Home Improvement center was constructed in the year 2010.
The marketing process got started off in late October by Rob Sutton and Greg Cortese of The Royston Group. The site sits with an excellent street visibility along N. Durango Drive and N. El Capitan Way. It also features a large monument sign visible from the highway.
It is also located adjacent to an Albertson's Fresh & Easy, Walgreens and Del Taco which has an excellent tenant base. The Royston Group is also listing the Del Taco and you can find information and price int he sales flyer. There are over 150,000 people living within a 5 mile radius which has an average household income above $86,000.
The demand for quality triple net investment properties have been rising steadily. It also happens to be located strategically on a great retail corner on a long term corporate net lease in a tax friendly state. Rob Sutton states that national investors will be drawn to this site due to its location, the elite tenant class and stable triple net lease.
The Royston Group is a privately held national commercial real estate investment firm which was founded in 1992. The company provides services for a multiple of commercial real estate property types including office, industrial, retail and medical sectors.