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Jack in the Box - Brawley, CA

Located mid-block in Brawley, California in Imperial County, this corporately-guaranteed lease is located 13 miles north of El Centro which borders Mexico. The site is only 70 miles west of the Yuma, Arizona border and 95 miles southeast of Palm Springs, California.

 

This predominantly rural community has a significant cattle and feed industry, and hosts the annual Cattle Call Rodeo. Year-round agriculture is also an important contributor to the local economy. Pioneer Medical Hospital and the National Beef Packing Company are the major employers in the immediate area.

 

The original triple net lease ran from May 1991 through August 2009, but instead of exercising an option, the tenant executed a new triple net lease which commenced in July 2008. The site is located mid-block and is adjacent to a Pizza Hut and a Shell Station, and is across from a Travel Lodge, a Rite Aid, a Vons Grocery store, and a Do-it Center. WalMart and Aaron's Rents are also in the immediate area.

Additional Info

  • Address: : 315 West Main St., Brawley, CA 92227
  • Price: : $1,584,500
  • Net Rentable Area: : 3,250
  • Lot Size (Acres): : 0.46
  • CAP Rate: : 6.00%
  • Price Per Sqft: : $918.50
  • NOI: : $95,065
  • Year Built: : 1991
  • Status: : Available