Jack in the Box Pearland, TX

2702 Reid Blvd
Pearland, TX

Price: $2,755,000
Cap Rate: 6.25%
NOI: $172,182
Building Size: Approx. 2,684 Sq. Ft.
Lot Size: Approx. 0.76 Acres
Type: Single-Tenant / Retail
Sub Category: Casual Dining
Year Built: 1998

Investment Overview

  • 1998 Construction. 2,684+/- SF Building On 0.76+/- Acre Site
  • Recently Exercised Option to Extend Absolute NNN Lease through 2031 & 1 Remaining 5-Year Option Following w/ 8% Rent Increase
  • 28+ Years of Continuous Occupancy & Supporting 268k+ Annual Visitors Ranking Top 6.5% of Jack in the Box Locations Nationally
  • Prime Location on Signalized Hard Corner Along Pearland’s Primary Retail Thoroughfare (34k+ VPD) & 5-Mile Pop. of 164k+ People
  • Pearland Experiencing Rapid Growth Highlighted by $160M Expansion of Broadway Street from Four to Six Lanes & Much More
  • Investment-Grade Corporate Guarantee by Jack in the Box Inc. (NASDAQ: JACK) – 2,130+ Locations Nationwide
  • Pearland, TX | Houston Ranks Among Top U.S. Metros for Job and Population Growth | Pearland Population: 139,900+

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