Jack in the Box constructed this restaurant in 2008 and then executed a 20 year corporate sale leaseback that is absolute NNN with CPI rent increases every 5 years not to exceed 8.0%. The initial 20 year lease expires on 6/30/2028. Tenant has 4-five year options at same terms & conditions. This property enjoys visibility from Interstate 37, and is at a freeway off/on ramp. Corpus Christi is the 8th largest populous city in Texas with a reported 316,595 residents. This property is located less than 10 miles from Corpus Christi International Airport. Jack in the Box (NASDAQ:JACK) operates and franchises 2,193 restaurants in the United States, of which 584 are located in the state of Texas.