Jack in the Box
- $2,100,000
Overview
- Jack in the Box
- $2,100,000
- 4.40%
- 16+ Years
- 10% Every Five Years
- Sept 2021
- Abs. NNN
- Sept 2041
- 1,903
- 1973
- 0.58
- Corporate
- None
Description
STONECLIFF is pleased to present the exclusive listing for a Jack in the Box located at 2133 Texoma Pkwy, Sherman, TX 75090. The site consists of roughly 1,903 rentable square feet of retail space on an estimated 0.58-acre parcel of land. This Jack in the Box is subject to a 20-year Absolute Triple Net (NNN) Lease with 16+Years Remaining. The annual rent is $92,400 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.
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- Prime retail corridor, located on Texoma Parkway near US-75 providing over 28,000 combined VPD, anchoring one of Sherman’s most visible retail zones
- Adjacent to two large master-planned communities. Heritage Ranch which is positioned for 750 new single-family homes and Magnolia Village which is adding 45+ new homes further enhancing the local residential density and long-term population growth
- Strong demographics with a 5-mile population exceeding 53,000 and an average household income of $58,678
- Less than 5 minutes from Sherman Town Center, the region’s premier retail hub with strong daily traffic
- Located just 10 minutes from Austin College, a nationally recognized liberal arts institution with 1,233 students and a strong regional presence providing a reliable source of repeat customers and brand visibility
- Planned exterior renovation will update the property’s appearance and align it with Jack in the Box’s latest brand image