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 £2,770,565 (£1,196/SF) 4.25% Net Initial Yield
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
£2,770,565
Price Per SF
£1,196
Net Initial Yield
4.25%
NOI
£117,850
Tenancy
Single
Number of Floors
1
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 Route
- Pylon Sign
- Signage
- Drive Thru
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 8142-027-030 | Improvements Assessment | £138,252 |
| Land Assessment | £2,528,032 | Total Assessment | £2,666,284 |
PROPERTY TAXES
Parcel Number
8142-027-030
Land Assessment
£2,528,032
Improvements Assessment
£138,252
Total Assessment
£2,666,284
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ERE Healthcare Real Estate Advisors
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Jack in the Box - Remodel coming soon | 13561 Whittier Blvd
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