Jack in the Box Ground
1825 Pacific Blvd SE, Albany, OR 97321
Jack in the Box ground lease in Albany's retail corridor.
Type:Retail
- Added:
- Mar 12, 2026
- Days on Market:
- 61
- Last Refresh:
- Mar 19 at 11:09 pm
Property Features for 1825 Pacific Blvd SE
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agent Sean Tufts License #WA 74057
Listing office Northmarq - Seattle
Listing date Mar 12, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Northmarq - Seattle
HighLights
- Long‑term ground lease structure provides stable, passive income.
- Jack in the Box has operated at the property since 2003 and demonstrates strong performance.
- 22% year‑over‑year increase in annual visits (per Placer.ai).
- Below market ground rent provides embedded upside through CPI‑based growth and a fair market rent reset in 2033.
- Strategically located near the Pacific Boulevard / Santiam Highway interchange with direct connectivity to Interstate 5.
- Property built in 2003.
Overview
This offering presents the opportunity to acquire a Jack in the Box ground lease pad situated within Albany’s primary retail corridor. The property has been occupied by Jack in the Box since its construction in 2003, demonstrating strong performance with a reported 22% year-over-year increase in annual visits. The property operates under a long-term ground lease structure, where the tenant owns and maintains the improvements, providing stable, passive income with minimal landlord responsibility. The current ground rent is $2.49 per square foot, amounting to $72,702 annually, which is approximately 30% below market value. This provides embedded upside through CPI-based growth at the 2028 extension and a fair market rent reset in 2033. The site is strategically located near the Pacific Boulevard / Santiam Highway interchange, offering direct connectivity to Interstate 5. This location benefits from strong visibility and regional traffic exposure within the Willamette Valley.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Jack in the Box
Restaurant
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Linn
- State
- Oregon
- Longitude
- -123.0829982
- Latitude
- 44.6345586
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Jack in the Box ground lease in Albany's retail corridor.
Where is this drive through restaurant located?
The property is located at 1825 Pacific Blvd SE Albany, OR.
What is the asking price?
The asking price for this property is $1,320,000.
What are key features of this property?
This property features: Long‑term ground lease structure provides stable, passive income.; Jack in the Box has operated at the property since 2003 and demonstrates strong performance.; 22% year‑over‑year increase in annual visits (per Placer.ai).
