Highlights
•Absolute Triple Net (NNN) Lease | The property operates under an absolute triple-net lease, requiring no landlord responsibilities and providing investors with a fully passive income stream. •Corporate Guarantee – Jack in the Box | Established in 1951, Jack in the Box is the fifth-largest hamburger quick-service chain in the U.S. The company is publicly traded on NASDAQ (JACK) and reports revenues of $1.55 billion, net income of $135 million, and stockholders’ equity of $200 million. •Long-Term Tenant Commitment | The tenant has operated at this location since 1990 and extended the lease ahead of its original expiration, securing potential option periods through 2050. This long-term commitment reflects the location’s strong performance and the tenant’s intent to remain for the long term.
Description
Surmount is proud to offer the exclusive listing for Jack in the Box, located at 633 East Springfield Road, Missouri 63080. The property features approximately 2,425 rentable square feet situated on a 1.06-acre lot. The tenant operates under a 40-year triple-net (NNN) lease that began on February 15, 1990. The current annual rent is $91,900, with variable scheduled rent increases throughout the term.
Listing Details
- Cap Rate
6.15%
- Tenancy
Single
- Space Type
retail
- Sub Category
fast-food
- Date Listed
10/28/2025
- Ownership Info
Fee Simple
- Investment Type
Net Lease
- Net Operating Income
$91,900
Property Specifics
- Property Name
Jack in the Box
- Year Built
1990
- Building Size
2,425 SF
- Lot Size
1.06 AC
- Occupancy
100%