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4683 E Highway 121
The Colony, TX 75056
Jack in the Box · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN LEASE PROVIDES A PASSIVE INVESTMENT AND INCOME | UNMATCHED DEMOGRAPHICS & VISIBILITY
- HOSPITALITY DEMAND | 900 + HOTEL ROOMS
- ABSOLUTE NNN LEASE | 10% INCREASES EVERY 5 YEARS
- PROMINENT CO-TENANCY | NATIONAL RETAIL & ENTERTAINMENT ANCHORS DRIVE TRAFFIC
- PREMIER CORPORATE DESTINATION | INCOME TAX-FREE STATE OF TEXAS
- 11.9% POPULATION GROWTH WITHIN 1 MILE SINCE 2020 | RETAIL GROWTH
EXECUTIVE SUMMARY
The Northmarq National Restaurant Group is pleased to offer this single-tenant Jack in the Box property located at 4683 State Highway 121 in The Colony, Texas. The asset features a corporate-guaranteed absolute NNN lease with 2.8 years remaining and four five-year renewal options. With zero landlord responsibilities and 10 percent rent increases every five years, the property offers passive, inflation-resistant income in a high-growth market.
Located along State Highway 121, the site benefits from over 104,000 vehicles per day and is surrounded by more than 200,000 residents within five miles, with an average household income exceeding $160,000. Population growth within one mile has approached 12 percent since 2020.
The property sits near top national retailers including Walmart, Kroger, and Texas Roadhouse and is less than one mile from Grandscape, a 400-acre destination featuring Nebraska Furniture Mart, Scheels, and Andretti Indoor Karting. The area also includes 900 hotel rooms and draws over 3 million visitors annually to nearby Lake Lewisville. Just five miles north of Legacy West and Frisco’s Platinum Corridor, the site offers proximity to major employers like Toyota, JPMorgan Chase, and Liberty Mutual.
Located along State Highway 121, the site benefits from over 104,000 vehicles per day and is surrounded by more than 200,000 residents within five miles, with an average household income exceeding $160,000. Population growth within one mile has approached 12 percent since 2020.
The property sits near top national retailers including Walmart, Kroger, and Texas Roadhouse and is less than one mile from Grandscape, a 400-acre destination featuring Nebraska Furniture Mart, Scheels, and Andretti Indoor Karting. The area also includes 900 hotel rooms and draws over 3 million visitors annually to nearby Lake Lewisville. Just five miles north of Legacy West and Frisco’s Platinum Corridor, the site offers proximity to major employers like Toyota, JPMorgan Chase, and Liberty Mutual.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,830 SF
Building Class
C
Year Built
2000
Price
$3,838,780 CAD
Price Per SF
$1,356.46 CAD
Cap Rate
5.50%
NOI
$211,133 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.84 AC
Parking
34 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
150’ on State Highway 121
AMENITIES
- 24 Hour Access
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R222835 | Improvements Assessment | $792,313 CAD |
| Land Assessment | $1,037,495 CAD | Total Assessment | $1,829,808 CAD |
PROPERTY TAXES
Parcel Number
R222835
Land Assessment
$1,037,495 CAD
Improvements Assessment
$792,313 CAD
Total Assessment
$1,829,808 CAD
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