Description

The Northmarq National Restaurant Group presents a single-tenant Jack in the Box property located at 4683 State Highway 121 in The Colony, Texas. The asset is secured by a corporate-guaranteed absolute NNN lease with 2.8 years remaining and four five-year renewal options. With no landlord responsibilities and 10 percent rent increases every five years, the property offers passive, inflation-resistant income in one of North Texas’s fastest-growing markets. Positioned along State Highway 121, the site benefits from traffic counts exceeding 104,000 vehicles per day and is surrounded by more than 200,000 residents within a five-mile radius, with average household incomes above $160,000. The immediate area has also experienced strong growth, with the population within one mile increasing by nearly 12 percent since 2020. The property is located near major national retailers including Walmart, Kroger, and Texas Roadhouse and sits less than one mile from Grandscape, a 400-acre entertainment and retail destination featuring Nebraska Furniture Mart, Scheels, and Andretti Indoor Karting. The surrounding area also includes approximately 900 hotel rooms and attracts over three million visitors annually to nearby Lake Lewisville. Additionally, the property is located just five miles north of Legacy West and Frisco’s Platinum Corridor, providing proximity to major corporate employers such as Toyota, JPMorgan Chase, and Liberty Mutual. With strong surrounding demographics and the advantages of a tax-friendly Texas location, the property offers investors a compelling opportunity for stable income and long-term value.