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Price:

Lease Type:

Price:

$5,175,000

Term:

Lease Type:

Price:

20 Years

Lease Type:

Lease Type:

Lease Type:

Triple-Net (NNN) Lease

INVESTMENT HIGHLIGHTS

Corporate Long-Term Lease

Corporate Long-Term Lease

Corporate Long-Term Lease

In a rare Sale and Leaseback, Jack in the Box Corporate will sign a new 20-year lease at the Close of Escrow.  

Secure Sector

Corporate Long-Term Lease

Corporate Long-Term Lease

The fast food industry has been one of the most stable business sectors through the pandemic.

Long-Term History

Corporate Long-Term Lease

Highly Visible Location

Jack in the Box has been operating at this site for over 25 years, demonstrating their commitment to the location.

Highly Visible Location

Ideal 1031 Exchange Investment

Highly Visible Location

An average of 75,000 vehicles pass by the site daily and with the West Seattle Bridge closed through 2022, that number is likely much higher.

Tax Deductions

Ideal 1031 Exchange Investment

Ideal 1031 Exchange Investment

Unlike a ground lease, the fee simple land and building sale will allow an investor to depreciate the improvements.

Ideal 1031 Exchange Investment

Ideal 1031 Exchange Investment

Ideal 1031 Exchange Investment

The long-term triple-net lease and fee-simple ownership make this an ideal exchange investment.  

Video & Aerial Footage from Property

OFFERING MEMORANDUM

Request Offering Memorandum

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