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Jack in the Box | Absolute NNN Lease Investment

$3,150,000

5301 North May Avenue, Oklahoma City, OK 73112

Active
Last Updated: 11/15/2022

4.42

Cap Rate

139,164

NOI

Details:
Cap Rate:    4.42%
NOI:    $139,164
Lot Area:    0.85 acres
Lease Type:    Absolute Net
Year Built:    2012
Highlights:
  • Corporately Guaranteed - jack in the Box recently took over operations of this site demostrating a very strong commitment.
  • Recession-Proof Tenant as shown during last year q3 same store sales increased 16% on a two-year stack and weekly averages grew 17%
  • Absolute NNN with no landlord responsibilities.
  • Located on the signalized hard corner of N. May Ave and NW 52st with traffic counts of over 25,000 cars a day.
  • Located in a strategic retail market of oklahoma surround by national credit tenants as well dense multi family and office.
  • Tax Deductions: Unlke a ground lease, the fee simp le land and building sale allows an investor to depreciate the asset, increas ing over
  • Property is located on a signalized intersection
Map:
Documents:
Title
Offering Memorandum
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Location
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