Marcus & Millichap Facilitates Sale Of Jack In The Box In McAllen, Texas For Individual Investor

The property asset involved in the transaction is a retail space leased to Jack in the Box, located at 2900 West Nolana Avenue in McAllen, Texas. The total square footage of the asset is 2,223, situated on a 1.27-acre lot. The property is secured by an absolute net lease with a corporate guarantee and includes two additional five-year renewal options for the tenant.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not disclosed
• Address: 2900 West Nolana Avenue
• Market: McAllen, TX
• Square Footage: 2,223 SF
• Acres: 1.27
• Brokers: Lior Regenstreif, Earle Hyman & Tim Speck - Marcus & Millichap

Marcus & Millichap facilitated the sale to an individual investor, marking a significant transaction for the leased retail property. The key brokers involved in this transaction were Lior Regenstreif, Earle Hyman, and Tim Speck, who represented the deal's interests throughout the process.