1920 CA-46 Hwy. 46, Wasco, CA 93280

Listing Agency: JBL Commercial Group, Inc

Listed By: James Lundy · License #01009217

Source: Crexi

Added: Oct 21 Changed: Nov 8 Last Checked: Nov 8 at 4:30PM

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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 JBL Commercial Group, Inc

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Investment Insights

Based on property information with market context.

The offering is a Jack in the Box restaurant subject to an absolute NNN ground lease with a corporate guaranty from Jack in the Box, Inc. The 20-year lease runs through October 2029, provides for 10% rent increases every five years, and includes four additional five-year renewal options. The lease structure assigns no landlord responsibilities.

The property fronts Highway 46 in Wasco, with monument signage along the highway. Nearby retailers include Walmart Supercenter, Grocery Outlet, AutoZone, O'Reilly Auto Parts, McDonald's, Taco Bell, Starbucks, Denny's, Dollar General, Dutch Bros, and Tropicana Super Market.

Key Highlights

• Jack in the Box, Inc. provides the corporate lease guaranty
• Absolute NNN ground lease with no landlord responsibilities
• 20‑year lease term ends October 2029

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Grocery & Convenience Store Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

457

Businesses Nearby

204k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 52% Shops & Services 31% Apparel 10% Groceries 4%

McDonald's Dining

19,587 visits/mo 0.2 miles

Ross Dress for Less Apparel

19,381 visits/mo 0.3 miles

Dutch Bros. Coffee Dining

19,261 visits/mo 0.2 miles

Starbucks Dining

14,990 visits/mo 0.2 miles

Dollar Tree Shops & Services

14,766 visits/mo 0.4 miles

Demographics for 93280, CA

28,182

Population

6,848

Households

4.1

Avg Household Size

29

Median Age

8%

College-Educated

63%

High-School Grad

316.0 sq mi

ZIP Area

89

Density / Sq Mi

$55,060

Median Household Income

$31,843

Median Earnings

$996

Median Rent

$255,300

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - A corporate-guaranteed absolute NNN ground lease includes scheduled rent increases and four renewal options.

Where is this drive through restaurant located?

The property is located at 1920 CA-46 Hwy. 46 Wasco, CA.

What is the asking price?

The asking price for this property is $1,457,052.

What are key features of this property?

This property features: Jack in the Box, Inc. provides the corporate lease guaranty; Absolute NNN ground lease with no landlord responsibilities; 20‑year lease term ends October 2029