🌟 Editor's Note
In this monthly newsletter, we cover all things related to Jack In The Box (JITB) real estate sales with a focus on single-tenant, net leased properties. For our first newsletter, we’ll be looking back at sales over the last twelve months, review what’s currently on the market, and take a look at what seller are expecting and what the market is actually responding to.
📈 On The Market Now (October 13, 2025)
There are currently 23 single-tenant Jack In The Box properties for sale.
Range | Average | Median | |
|---|---|---|---|
Asking Price | $1.15M to $3.3M | $2.54M | $2.24M |
Asking Price/SF | $437 to $1,286 | $879 | $812 |
Asking Cap Rate | 4.2% to 8.0% | 6.2% | 6.0% |
States with the most number of JITB properties currently for sale are:
Texas (9)
California (4), and
Colorado (3)
📈 What actually sold in the last 12-months?
Fifty-two (52) JITB properties sold since 10/13/24.
Of these reported buyers, JITB purchased three properties (in GA, CA, and TX) and Blackstone also purchase three (all in CA). There are an additional 4 under contract, and 1 in escrow.
Range | Average | Median | |
|---|---|---|---|
Sold Price | $682K to $5.75M | $2.43M | $2.25M |
Sold Price/SF | $101 to $2,044 | $850 | $924 |
Actual Cap Rate | 4.3% to 7.5% | 5.31% | 5.0% |
States that have sold the most number of JITB properties in the last 12-months are:
Texas - 19
California - 18
Arizona - 5
🚀 Analysis Highlights
Texas and California are the states with the most sales activity for Jack In The Box properties.
Sold prices in the last 12 months and current on-market asking prices are not too far apart.
However, current on-market asking cap rates are about 1% above what properties are actually selling for.
Price | Price/SF | Cap Rate | |
|---|---|---|---|
Current Asking | $2.2M to $2.5M | $812 to $879 | 6.0% to 6.2% |
Sold (Last 12 months) | $2.3M to $2.4M | $850 to $923 | 5.0% to 5.3% |
Thank you for reading to the end! Stay tuned, we will be posting additional updates and relevant information related to Jack In The Box real estate properties.
Until next time,