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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