2210 S Harbor Blvd 2,894 SF Retail Building Anaheim, CA 92802 $4,154,588 CAD ($1,435.59 CAD/SF) 4.76% Cap Rate

CBRE, Inc. is pleased to exclusively present the opportunity to acquire the fee simple interest in a single-tenant, absolute triple-net (NNN) ground lease occupied by Jack in the Box, located within the Anaheim Resort Specific Plan District in Anaheim, California. The property sits in the core of the Resort District, in close proximity to Disneyland, the Anaheim Convention Center, and a dense concentration of hotels and entertainment uses that consistently drive traffic to the immediate area. Jack in the Box LLC, an affiliate of
Jack in the Box Inc. (NASDAQ: JACK), original Lessee, has operated at this location for over 26 years. The tenant is currently in its first five-year option period, with options extending through March 31, 2042. The lease is structured as an absolute NNN, with the tenant responsible for all expenses, providing a passive ownership profile.
The investment provides an annual rent of $145,225, with increases tied to CPI and capped at 8% every five years. The rent structure offers a level of predictability, along with periodic adjustments over the remaining term.
Anaheim remains one of the most active commercial and tourism markets in Southern California, supported by a daytime population of approximately 359,795 and a large employment base of nearly 181,000 employees. The property benefits from convenient access to Interstate 5, State Route 57, and State Route 91, connecting the site to the broader Orange County and Inland Empire markets.
In addition to the in-place income, the offering includes a 28,314 square foot parcel with a freestanding drive-thru restaurant. The site is located within a built-out corridor of the Anaheim Resort area, where comparable sites are limited. The ground lease structure allows for ongoing income while maintaining long-term control of the underlying real estate.