Jack in the Box has 3.5 years remaining on an Absolute NNN lease with three 5 year renewal options. The tenant, Yadav Enterprises, Inc. is a franchisee with 343 restaurants covering 6 brands in 8 states (Jack in the Box, Denny’s, El Pollo Loco, Corner Bakery Café, Sizzler & TGI Friday’s). The lease guarantor, Jack in the Box, Inc., has ±2,200 restaurant locations in 21 states and Guam. This restaurant has been successfully open and operating since 1997. The tenant is in their 1st option period, re-confirming their commitment to this location.
Jack in the Box is located in San Antonio, Texas, with visibility and accessibility from I-35 which oversees 163,000 CPD! The property sits on the hard corner with nearby retailers including Lowe’s Home Improvement, Sam’s Club, Target, The Home Depot, Kohl’s, Ashley HomeStore, Best Buy, Party City, Ross Dress for Less, Bed Bath & Beyond, OfficeMax, Babies R Us, Toys R Us, Cost Plus World Market, T.J. Maxx, Old Navy, Michaels, Pier 1 Imports, DSW, Total Wine & More, Hobby Lobby, Costco Warehouse, Academy Sports + Outdoors, Burlington, At Home, Regal Cinemas, etc. Jack in the Box is 1.5 miles from Northeast Methodist Hospital and 9 miles from Randolph Air Force Base.
*In Association With: Blackburn Properties