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5600 S Grand Blvd, Saint Louis, MO, 63111

Jack in the Box
$1,563,933

Key Information

Cap Rate
7.5%
$ per SF
$568
Lot Size
0.23 Acres
Year Built
1969
Term Remaining
±3.75 Yrs
Type
Retail
Leasable Area
2,750

Highlights

  • Absolute NNN Lease – Zero Landlord Responsibilities: Fee simple interest subject to an absolute triple-net lease structure, eliminating all maintenance, repair, and operational obligations for ownership.
  • Established Operating History Since 1991: The tenant has continuously operated at this location for over 30+ years, originally signing the lease in 1991 and subsequently exercising multiple renewal options.
  • Recent Lease Extension with Remaining Term and Options: Jack in the Box exercised its second five-year option two years ago; ±3.75 years remain on the current base term with two additional five-year renewal options available.
  • Corporate Guarantee by Publicly Traded Operator: Lease is guaranteed by Jack in the Box Inc. (NASDAQ: JACK), one of the nation’s leading QSR chains with a portfolio of over 2,200+ locations across the U.S. and Guam.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 2022018843 (MO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203