100 I-30Rockwall, TX 75189

Property Details for 100 I-30

Year built

1998

Lot size

0.72 AC

Property size (Sq ft)

2,470 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a fee-simple, single-tenant, 2,470 square-foot Jack in the Box restaurant located at 100 E I-30, Royse City, Texas, 75189. The property sits on a 0.72-acre lot and boasts a prime location with excellent visibility directly off Interstate 30, experiencing over 42,000 vehicles per day. Built in 1998, this one-story building is currently operating under a corporate-guaranteed Absolute NNN lease with 7.8 years remaining, plus four, five-year renewal options, extending the lease to 2032. The lease commenced September 17, 1998, and expires September 16, 2032. The property offers a strong 5.50% cap rate with a Net Operating Income (NOI) of $125,779 and an asking price of $2,287,000 ($925.91 per square foot). This represents a highly sought-after, low-maintenance investment with a long-term, stable tenant in a high-traffic area, just 30 minutes from the Dallas MSA. According to Alpha Maps data, this is the highest-traffic Jack in the Box location in Royse City. The property is 100% occupied. This is an absolute NNN lease, meaning zero landlord responsibilities.

Location Insight

City

Rockwall

County

Rockwall

State

Texas

Latitude

32.9293

Longitude

-96.387

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