740 Sycamore Ave Vista, CA 92083-7934

This exceptional investment opportunity presents a 3,175 square foot Jack in the Box restaurant in Vista, CA. Located on a 0.68-acre outparcel of the Shadowridge Plaza shopping center, this property boasts a corporate-guaranteed absolute NNN lease with a highly reputable tenant. The lease, commencing September 26, 2022, has a remaining term of approximately 12.9 years, extending to September 25, 2037, with two five-year renewal options. The property features a strong NOI of $158,000, resulting in a 4.50% cap rate. Built in 1988, this single-story building benefits from a prime location within a dense residential and retail area, enjoying high traffic counts on Sycamore Avenue (45,000 AVD). The Shadowridge Plaza anchors include Stater Bros. Markets, Big 5 Sporting Goods, Starbucks, and Anthem Church, ensuring consistent foot traffic. Jack in the Box has occupied this location for over 37 years, demonstrating exceptional tenant longevity and market stability. The asking price is $3,500,000, representing a price per square foot of $1,102.36. Rent bumps are included, with the next increase scheduled for September 1, 2027. This property is ideal for 1031 exchange investors seeking a secure, long-term investment with a proven track record. The property's location in Vista, a vibrant and growing community in North San Diego County, further enhances its investment appeal. The property's address is 740 Sycamore Ave, Vista, CA 92083.