Retail    

Jack in the Box

 Lebanon, OR

Asking Price

$2,380,000

Cap Rate

4.75%

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Expenses

Abs NNN

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Year Built

2011

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LTR

17.5 Years

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Avg HHI

$86.8K (5-Mi)

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Square Feet

2,492 SF

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Absolute NNN lease provides zero Landlord responsibilities
  • Corporate-backed lease with Jack in the Box Inc
  • Yield increases an estimated 157 basis points over the primary term provided by 10% scheduled rent increases every five years; the next rent increase occurs in 2027
  • Excellent visibility on Hwy 20 and Airport Rd., exposed to 31,457 VPD
  • Benefits from location on daily-needs retail arterial in close proximity to Safeway directly across the street
    and Lebanon High School

Exclusively Listed By

Sean Mack

Senior Vice President
  smack@northmarq.com      503.675.8378
OR Lic. #990100161

Northmarq

4949 Meadows Road, Suite 490
Lake Oswego, OR 97035

northmarq.com