13561 Whittier BlvdWhittier, CA 90605
Corporate-guaranteed, 20-year lease, high-growth potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Fee-simple ownership of a Jack in the Box restaurant at 13561 Whittier Blvd, Whittier, CA 90605.
- New 20-year corporate-guaranteed absolute triple-net (NNN) lease with 10% rent increases every five years.
- $3,507,000 asking price with a 4.25% cap rate and a current NOI of $149,175.
- Jack in the Box will invest approximately $500,000 in remodeling before lease commencement.
- Ideal 1031 exchange opportunity due to the absolute NNN lease and fee-simple ownership, allowing for depreciation of improvements.
Property Details for 13561 Whittier Blvd
- Property type
- Retail properties
- Square Feet
- 2,316 SF
- Year Built
- 1978
Location Insight
- City
- Whittier
- County
- Los Angeles
- State
- California
- Latitude
- 33.9618791
- Longitude
- -118.0300153
Nearby Similar for Sale
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