Jack in the Box Ground
For Sale
Contact for pricing
1825 Pacific Blvd SE, Albany, OR 97321
Jack in the Box ground lease in Albany's retail corridor.
Property SizeContact for details
Days on Market153
Property Features for 1825 Pacific Blvd SE
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$72,702
Building Details
Year Built
2003
Tenancy
Single
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Mar 12
Changed: Aug 8
Last Checked: Aug 9 at 9:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq - Seattle
Investment Insights
Based on property information with market context.
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.
Key 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).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
305k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 17%
Home Improvements & Furnishings 11%
Apparel 10%
Wendy's
Dining
25,447 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
24,472 visits/mo
0.3 miles
Red Robin Gourmet Burgers
Dining
22,797 visits/mo
0.5 miles
Burgerville
Dining
21,471 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
19,722 visits/mo
0.3 miles
Demographics for 97321, OR
30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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 $1,250,000.
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).
