Drive-Through Restaurant Absolute
For Sale
Contact for pricing
2702 Reid Boulevard, Pearland, TX 77581
Absolute NNN drive-through leased to Jack in the Box with extended lease options and long-term occupancy history.
Property Size2,684 SF
Price / SF$1,026
Days on Market50
Property Features for 2702 Reid Boulevard
General Information
Standard status
Active
Size
2,684 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$172,182
Additional Details
Business Included
Yes
Traffic Count
34,000 vehicles/day
Building Details
Year Built
1998
Tenancy
Single
Listing Agency:
Secure Net Lease
Listed By:
Bob Moorhead · License #548333
Source:
Crexi
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 9 at 7:54AM
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 Secure Net Lease
Investment Insights
Based on property information with market context.
This absolute NNN drive-through restaurant is leased to Jack in the Box and is supported by an investment-grade corporate guarantee. The lease has been recently exercised to extend through 2031, with one remaining 5-year option after that period and an 8% rental increase associated with the extension options. The property also reflects 28+ years of continuous occupancy, demonstrating long-term commitment to the site.
The restaurant is positioned on a signalized hard corner along Pearland’s primary retail thoroughfare. The offering includes 34,000+ combined daily vehicles and a 5-mile population exceeding 164,000 people. Pearland is also highlighted as experiencing rapid growth, including the $160 million expansion of Broadway Street from four to six lanes and other major planned developments mentioned in the remarks.
For buyers or operators evaluating NNN restaurant real estate, this asset combines a corporate-guaranteed quick-service tenant with an extended lease term through 2031 and an additional option period. The long operating history at the site, paired with the drive-through format and retail-busy location characteristics described, can support a disciplined long-term hold strategy consistent with NNN investment objectives.
The restaurant is positioned on a signalized hard corner along Pearland’s primary retail thoroughfare. The offering includes 34,000+ combined daily vehicles and a 5-mile population exceeding 164,000 people. Pearland is also highlighted as experiencing rapid growth, including the $160 million expansion of Broadway Street from four to six lanes and other major planned developments mentioned in the remarks.
For buyers or operators evaluating NNN restaurant real estate, this asset combines a corporate-guaranteed quick-service tenant with an extended lease term through 2031 and an additional option period. The long operating history at the site, paired with the drive-through format and retail-busy location characteristics described, can support a disciplined long-term hold strategy consistent with NNN investment objectives.
Key Highlights
- 1998‑built absolute NNN drive‑through leased to Jack in the Box.
- Recently exercised option to extend the NNN lease through 2031.
- Includes 1 remaining 5‑year option with an 8% rental increase.
Property Analytics
Property Profile
Current Use
Lease Details
34,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 35%
Shops & Services 20%
Lewis Food Town
Groceries
26,772 visits/mo
0.2 miles
Waffle House
Dining
11,194 visits/mo
0.1 miles
Jack in the Box
Dining
9,478 visits/mo
0.1 miles
Church's Chicken
Dining
7,727 visits/mo
0.1 miles
SONIC Drive In
Dining
6,428 visits/mo
0.2 miles
Demographics for 77581, TX
49,198
Population
18,285
Households
2.7
Avg Household Size
38
Median Age
36%
College-Educated
94%
High-School Grad
24.6 sq mi
ZIP Area
2,000
Density / Sq Mi
$106,556
Median Household Income
$62,887
Median Earnings
$1,591
Median Rent
$309,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN drive-through leased to Jack in the Box with extended lease options and long-term occupancy history.
Where is this drive through restaurant located?
The property is located at 2702 Reid Boulevard Pearland, TX.
What is the asking price?
The asking price for this property is $2,755,000.
What are key features of this property?
This property features: 1998‑built absolute NNN drive‑through leased to Jack in the Box.; Recently exercised option to extend the NNN lease through 2031.; Includes 1 remaining 5‑year option with an 8% rental increase.
