Jack in the Box

100 N Golden State Blvd,
Turlock, CA 95380

Absolute NNN QSR Opportunity

4.25%
CAP RATE
2,525
Building SF
$80,520
Current Rent
.26
Land Acres
Absolute NNN
Lease Type
1971
Year Built
4.25%
CAP RATE
2,525
Building SF
$80,520
Current Rent
.26
Land Acres
Absolute NNN
Lease Type
1971
Year Built

INVESTMENT OVERVIEW

  • Strong National Credit Tenant; 32 Year Operating History
  • Below Market Rent with CPI Increases at each Option
  • Downtown Location in Growing Central Valley Community
  • Signalized Corner Location with Excellent Access and Visibility

INVESMENT OVERVIEW

  • Essential CRE is pleased to present the opportunity to acquire the fee simple interest in the single tenant Jack in the Box located at 100 N Golden State Boulevard in the heart of Downtown Turlock, CA. The subject property is 2,525 square feet, resides on .26 acres of land, is situated on a signalized intersection and benefits from strong traffic counts - 22,390 VPD. The tenant has operated on-site for over 32 years which highlights the long term strength and viability of this location for quick service restaurant.

MARKET OVERVIEW

  • The city of Turlock, located in Stanislaus County, is nestled in the heart of California's Central Valley. Situated about 93 miles south of the state capital of Sacramento at the intersection of California State Highways 99 and 165, Turlock affords close proximity to Interstate I-5 and State Highways 33, 132 and 140. Nearest communities are Modesto (to the northwest) and Merced (to the southeast). Turlock is the home of California State University Stanislaus (CSUS).
  • Incorporated in 1908, Turlock grew and developed in the midst of a heavy agricultural region. Benefiting from the influx of a diverse mix of ethnic and cultural residents, the city prospered through the 20th century and at one point was known for having the most churches for any city its size in the United States. In 1960, California State University Stanislaus opened its doors for the first time, helping to spur the city's growth. In the 1980s and beyond, Turlock underwent extensive growth in both its residential and commercial areas, concurrent with a statewide boom in housing demand and construction as well as a spillover effect from growth in the San Francisco Bay Area.
FOR MORE DETAILS CONTACT
Michael Cisternino
Managing Principal
(925) 388-0888
michael@essentialcre.com
CA 01708023, NV 1002492, ID PR59295
Nick Cole
Vice President of Investments
(925) 482-7044
nick@essentialcre.com
CA 01977282