Jack in the Box - Remodel coming soon | 13561 Whittier Blvd
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Jack in the Box - Remodel coming soon 13561 Whittier Blvd
2,316 SF Retail Building Whittier, CA 90605 $3,507,000 ($1,514/SF) 4.25% Cap Rate
Investment Highlights
- LONG-TERM OCCUPANCY - 36+ YEAR OPERATING HISTORY
- 45,500 VEHICLES P/DAY PASS THE SITE DAILY
- IDEALLY LOCATED - 31,000+ RESIDENTS WITHIN 1-MILE
Executive Summary
**Jack in the Box plans to remodel this site at a cost of +/-$500,000.
Jack in the Box to sign a Corporate 20 Year Lease at close of escrow, providing maximum security to an investor.
Providing a hedge against inflation, rent will increase by 10% every 5 years producing over 33% growth in 20 years.
An ideal 1031 Investment as the Absolute Triple-Net Lease requires no landlord responsibility or management.
As a fee simple land and building sale, a new owner will benefit from the ability to depreciate the improvements over time.
Jack in the Box to sign a Corporate 20 Year Lease at close of escrow, providing maximum security to an investor.
Providing a hedge against inflation, rent will increase by 10% every 5 years producing over 33% growth in 20 years.
An ideal 1031 Investment as the Absolute Triple-Net Lease requires no landlord responsibility or management.
As a fee simple land and building sale, a new owner will benefit from the ability to depreciate the improvements over time.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
2,316 SF
Building Class
B
Year Built
1978
Price
$3,507,000
Price Per SF
$1,514
Cap Rate
4.25%
NOI
$149,175
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
0.72 AC
Zoning
WHC2*
Parking
37 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
213 FT on Whittier Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 8142-027-030 | Improvements Assessment | $175,000 |
| Land Assessment | $3,200,000 | Total Assessment | $3,375,000 |
PROPERTY TAXES
Parcel Number
8142-027-030
Land Assessment
$3,200,000
Improvements Assessment
$175,000
Total Assessment
$3,375,000
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Michael Campbell -
ERE Healthcare Real Estate Advisors
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Jack in the Box - Remodel coming soon | 13561 Whittier Blvd
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