Jack in the Box - Monterey, CA

Located adjacent to a Jiffy Lube and down the street from a Best Western, Travel Lodge and Hotel Abrego at a signalized intersection, this passive NNN investment offers a potential investor the security of a long term lease with a nationally recognized corporately guaranteed tenant.

A Chevron station and several apartment complexes are also located in the immediate area. Directly to the north is El Estero Park and Dennis the Menace Baseball Park and Recreation Center. Monterey Peninsula College which services Monterey, Big Sur, Carmel, Pacific Grove, Pebble Beach, and the Presidio of Monterey, Seaside and Fort Ord, is located just one mile to the southeast from the site.

The site is also surrounded by natural barriers to entry; Monterey's State Historic Park flanks the site. Monterey High School is located directly to the west of the site (within just a couple of blocks). The surrounding area is predominantly residential.

Additional Info

  • Address: : 889 Abrego St., Monterey, CA 93940
  • Price: : $3,660,000
  • Net Rentable Area: : 2,135
  • Lot Size (Acres): : 0.396
  • CAP Rate: : 4.50%
  • Price Per Sqft: : $1,714.29
  • NOI: : $164,696
  • Year Built: : 1968
  • Status: : Available

What Clients Are Saying                                     
 

"I was very pleased with the results you have achieved. You were a pleasure to work with and I would highly recommend your services to anyone. I found your brokerage skills excellent and your approach with us very straightforward looking forward to working with you again."
Dr. Alexander Basch, 1031 Buyer

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
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Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557