100 I-30 Rockwall, TX 75189
- Retail properties
- 2,470 SF
- 0.72 lot acres
Current Use by Public Records
- Retail properties
Property Details for 100 I-30
- Year built
- 1998
- Lot size
- 0.72 lot acres
- Property size
- 2,470 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a fee-simple, single-tenant, 2,470 square-foot Jack in the Box restaurant located at 100 E I-30, Royse City, Texas, 75189. The property sits on a 0.72-acre lot and boasts a prime location with excellent visibility directly off Interstate 30, experiencing over 42,000 vehicles per day. Built in 1998, this one-story building is currently operating under a corporate-guaranteed Absolute NNN lease with 7.8 years remaining, plus four, five-year renewal options, extending the lease to 2032. The lease commenced September 17, 1998, and expires September 16, 2032. The property offers a strong 5.50% cap rate with a Net Operating Income (NOI) of $125,779 and an asking price of $2,287,000 ($925.91 per square foot). This represents a highly sought-after, low-maintenance investment with a long-term, stable tenant in a high-traffic area, just 30 minutes from the Dallas MSA. According to Alpha Maps data, this is the highest-traffic Jack in the Box location in Royse City. The property is 100% occupied. This is an absolute NNN lease, meaning zero landlord responsibilities.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockwall
- County
- Rockwall
- State
- Texas
- Longitude
- -96.387
- Latitude
- 32.9293
