28083 Newhall Rnch Rd, Santa Clarita, CA 91355-4046

This exceptional investment opportunity presents a single-tenant, 2,595 square foot Jack in the Box located in the affluent Santa Clarita, California market. The property, built in 2004, sits on a 1.138-acre lot at the hard corner of Newhall Ranch Rd. and Rye Canyon Rd., benefiting from high visibility as an outparcel to a major Home Depot. The property boasts a strong location within a dense retail corridor including Walmart, Smart & Final, and other national brands. The Absolute NNN lease, with a credit-rated tenant, commenced June 12, 2003, and has a remaining term until June 12, 2028, with one five-year renewal option. The current annual net operating income (NOI) is $109,808, representing a 4.75% cap rate. The asking price is $2,311,000. The property is zoned SCCC and features a single, one-story building with 100% occupancy. The significantly below-market rent provides substantial future upside potential, particularly considering the strong demographics of Santa Clarita, with average household incomes exceeding $173,000 annually. This presents a rare opportunity to acquire a well-positioned, passively managed QSR investment with a long-term, creditworthy tenant and significant growth potential. The property's location, tenant history, and lease terms combine to offer a compelling investment proposition. The low price point further enhances its attractiveness in this dynamic submarket.