Jack in the Box NNN
New
For Sale
$2,999,000
2900 W Nolana Ave, McAllen, TX 78504
Corporate lease structure includes a convenience store and fuel station sublease.
Property Size2,223 SF
Price / SF$1,349
Days on Market4
Property Features for 2900 W Nolana Ave
General Information
Standard status
Active
Size
2,223 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Additional Details
Cap Rate
6.8%
Road Access
Yes
Amenities
ABSOLUTE NNN CORPORATE LEASE: Zero landlord responsibilities providing passive, management free ownership backed by a nationally recognized quick-service restaurant brand
LONG-TERM OPERATING HISTORY (22+ YEARS): Proven location with over two decades of successful operating history, demonstrating strong site performance and tenant commitment
RECENT OPTION EXERCISE WITH FUTURE UPSIDE: Tenant has already exercised its first renewal option, signaling long-term confidence in the site, with two 5-year options remaining
INCREASED CUSTOMER TRAFFIC: C-STORE & GAS SUBLEASE: Property benefits from enhanced site utility and increased traffic due to convenience store and gas station sublease (Extensive environmental protections to landlord!)
HIGH-VISIBILITY SIGNALIZED CORNER: Strategically positioned at a signalized intersection offering strong access, visibility, and consistent daily traffic counts
STRONG SOUTH TEXAS TRADE AREA: Located within the McAllen MSA, a key economic hub of the Rio Grande Valley with a population exceeding 900,000 residents
POPULATION GROWTH & EXPANSION: McAllen has experienced steady population growth of nearly 6% since 2020, with continued expansion driven by cross-border commerce, retail demand, and regional development
TEXAS TAX ADVANTAGE: Located in a no state income tax state, enhancing investor returns and continuing to attract both businesses and population growth to the region
Building Details
Building Size
2,223 SF
Abandoned
No
Listing Agency:
(818) 212-2730
Listed By:
Lior Regenstreif · License #License(s): CA: 01267761
(818) 212-2730
Source:
Marcusmillichap
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 4:41AM
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 Lior Regenstreif
Investment Insights
Based on property information with market context.
This 2,223-square-foot Jack in the Box property is operated under an absolute NNN corporate lease. The site also includes a convenience store and fuel station sublease, adding complementary commercial activity to the property. The operating history exceeds 22 years, and the tenant has exercised its first renewal option. Two further five-year options remain available under the lease structure.
Positioned at 2900 W Nolana Ave in McAllen, Texas, the property occupies a signalized corner within the McAllen MSA. The location benefits from access associated with the intersection setting and regional activity tied to cross-border commerce. The stated cap rate is 6.80%.
Positioned at 2900 W Nolana Ave in McAllen, Texas, the property occupies a signalized corner within the McAllen MSA. The location benefits from access associated with the intersection setting and regional activity tied to cross-border commerce. The stated cap rate is 6.80%.
Key Highlights
- 2,223‑square‑foot Jack in the Box property
- Absolute NNN corporate lease structure
- Convenience store and fuel station sublease on site
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
Explore this area
Business Placement
Demographics for 78504, TX
56,830
Population
21,417
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
86%
High-School Grad
19.6 sq mi
ZIP Area
2,899
Density / Sq Mi
$77,627
Median Household Income
$41,632
Median Earnings
$1,178
Median Rent
$203,900
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?
NNN property - Corporate lease structure includes a convenience store and fuel station sublease.
Where is this nnn property located?
The property is located at 2900 W Nolana Ave McAllen, TX.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 2,223‑square‑foot Jack in the Box property; Absolute NNN corporate lease structure; Convenience store and fuel station sublease on site
