Absolute NNN Jack in the Box | McAllen TX 2900 Nolana Ave 2,223 SF Retail Building McAllen, TX 78504 $4,201,749 CAD ($1,890.13 CAD/SF) 6.80% Cap Rate

This offering presents a rare opportunity to acquire an absolute NNN corporate-leased asset providing truly passive, management-free ownership with zero landlord responsibilities. The property has demonstrated exceptional stability with over 22 years of continuous operating history, underscoring the strength of the location and long-term tenant commitment. Further reinforcing this stability, the tenant has already exercised its first renewal option, signaling confidence in the site, while two additional five-year options provide continued upside and income durability. The asset benefits from increased customer traffic driven by a complementary convenience store and gas station sublease, enhancing overall site performance while maintaining extensive environmental protections for the landlord. Strategically positioned on a high-visibility signalized corner, the property offers strong access and consistent daily traffic counts. Located within the McAllen MSA, a major economic hub in the Rio Grande Valley with a population exceeding 900,000, the site is supported by strong demographics and nearly 6% population growth since 2020, fueled by cross-border commerce and regional expansion. Additionally, the Texas location offers a favorable no state income tax environment, further enhancing investor returns and long-term appeal.