The subject property is a 2,867 square foot drive through restaurant facility built on 1.04 acres. This is a NNN lease guaranteed by a wholly owned subsidiary of Jack in the Box, Inc. The Jack in the Box is located within a dense residential and retail area.

The property is at the signalized intersection of Pasadena Boulevard and Harris Avenue. The Jack in the Box is an outparcel of the Macroplaza Mall with over 52 retailers. The site is in easy walking distance to the enclosed mall as well as downtown Pasadena's City Hall Public Library, Police and Health Departments. Other generators in the trade area include: Jackson Intermediate School with 1,200 students and 100 employees (rated about average in school quality compared to other schools in Texas) and Gardens Elementary School.

(https://www.greatschools.org/texas/pasadena/5319-Jackson-Intermediate-School/)

After 18 years at this location, Jack in the Box expressed their commitment to the site by extending the NNN lease an additional 10 year with maintaining the 10% rent increases every 5 years and to 4 Five year options to renew. The subject Jack in the Box QSR location is within the core City of Pasadena's downtown. The location is at the signalized corner of Pasadena Blvd. and Harris Avenue. The Jack in the Box is an outparcel to the Macroplaza enclosed mall, featuring 52 retailers that include Sears, Sear Auto Service, Palais Royal, Champs, Footlocker, Payless Shoes, Studio 54, FootAction, HIckory Farms and VisionWorks. The property is within walking distance to the Pasadena City Hall, the United States Postal Service, Jackson Intermediate School, Garden Elementary School as well as 4 large community churches of different faiths. Pasadena is located less than 20 minutes from downtown Houston, the largest city in Texas and the fourth-largest city in the United States. The City of Pasadena is the second largest city in Harris County boasting a population over 153,000 people. making it the seventeenth most populous city in the state of Texas. Pasadena is considered a worldwide center for the energy, petrochemical and aerospace industries. This rapidly growing job-fueled consumer market is strategically located and bounded by the Port of Houston and the Bayport Industrial District.