Chang Investment Group is proud to present the opportunity to purchase this exceptional NNN (Triple Net) leased investment property, home to a long-standing Jack in the Box drive-thru restaurant, is located near the affluent residential neighborhoods of Brimhall Estates and Westdale Classics in northwest Bakersfield, California. Situated in a prime retail center at the corner of Brimhall Rd and Jewetta Ave, this highly visible, easily accessible property offers an attractive investment opportunity for passive income investors seeking a stable, income-generating asset.
Property Highlights:
• Corporate guaranteed Jack in the Box (franchisee operated): long-term, stable lease
• NNN (Triple Net) Lease: Tenant responsible for all property expenses, including taxes, insurance, and maintenance
• Zero landlord management responsibilities
• High-Traffic Location: Positioned in a high-traffic retail center at the corner of Brimhall Rd and Jewetta Ave, anchored by Grocery Outlet and Jack in the box, ensuring excellent visibility and foot traffic
• Affluent Demographics: Nearby Affluent Neighborhoods Brimhall Estates & Westdale Classics in northwest Bakersfield, with Median Household Income in the 93312 zip code being $112,654 per year, Significantly Higher than Bakersfield $73,827
• Population: 35,227 (2 miles), 208,438 (5 miles), 512,208 (10 miles)
• Newer 2009 Construction
• Large Lot: ±2,634 SF Building on a Large ±0.84 Acres Lot
• Long-Term Lease: 20-year initial lease term with approx. 4 years remaining, with three (3) 5-year renewal options
• Additional Income: Additional income is generated annually for leasing part of the large parking lot to a fireworks retailer for approx. 3 weeks during 4th of July
• Ideal 1031 exchange replacement property
• Internet/E-Commerce Resistant – fast food with drive-thru
Contact listing agent for more information. Drive-by only. Please do not disturb or talk to the tenant.