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Jack in the Box | NNN Ground Lease 3427 E 10th St 2,903 SF 100% Leased Retail Building Jeffersonville, IN 47130 $2,611,024 CAD ($899.42 CAD/SF) 5.50% Cap Rate

Investment Highlights
- 20-Year Absolute NNN Ground Lease
- Potential 40-Year Term With Renewal Options
- High-traffic Corridor Near Major Employers and Development
- Zero Landlord Obligations
- 10% Rent Increases Every 5 Years (Including Renewals)
- Pro-Business, Growth-Oriented Submarket
Executive Summary
eXp is pleased to present the exclusive offering of a newly constructed Jack in the Box in Jeffersonville, Indiana. This 2025-built, freestanding restaurant features a 20-year Absolute NNN lease. The lease includes structured 10% rent increases every five years and four renewal options, providing long-term, inflation-hedged income for investors.
Strategically positioned on E 10th St (24,600 AADT) and just half a mile from the I-265 interchange (59,466 AADT), the site benefits from exceptional visibility and access within a high-growth trade area of over 400,000 residents. The property sits near major demand drivers including the 6,000-acre River Ridge Commerce Center (home to Amazon, Meta, and Medline), the 180-acre Jeffersonville Town Center, and a rapidly expanding residential base.
Indiana’s pro-business tax environment, combined with Jeffersonville’s logistical advantages and robust development pipeline, creates a stable, landlord-friendly setting for long-term asset performance.
Offered at a 5.5% cap rate, this opportunity presents a compelling combination of credit tenancy, new construction, and strategic location in one of Southern Indiana’s most dynamic submarkets.
Strategically positioned on E 10th St (24,600 AADT) and just half a mile from the I-265 interchange (59,466 AADT), the site benefits from exceptional visibility and access within a high-growth trade area of over 400,000 residents. The property sits near major demand drivers including the 6,000-acre River Ridge Commerce Center (home to Amazon, Meta, and Medline), the 180-acre Jeffersonville Town Center, and a rapidly expanding residential base.
Indiana’s pro-business tax environment, combined with Jeffersonville’s logistical advantages and robust development pipeline, creates a stable, landlord-friendly setting for long-term asset performance.
Offered at a 5.5% cap rate, this opportunity presents a compelling combination of credit tenancy, new construction, and strategic location in one of Southern Indiana’s most dynamic submarkets.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,903 SF
Building Class
B
Year Built
2025
Price
$2,611,024 CAD
Price Per SF
$899.42 CAD
Cap Rate
5.50%
NOI
$143,606 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.02
Lot Size
3.44 AC
Amenities
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Bank of America
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Jack in the Box | NNN Ground Lease | 3427 E 10th St
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