Jack In The Box | Vista – Absolute NNN Property

This is Vista – Absolute NNN Property formerly known as Foodmaker, Inc., has occupied this location for 37+
years. In 2007, Jack in the Box requested a new 15 year primary term with 2 five year options to
renew. In 2022, Jack in the Box requested another extension of the primary term to expire in
September 2037, with two 5 year options. Currently, there are approximately 12 years remaining on
primary term.

NNN SINGLE TENANT INVESTMENT
WITH DRIVE THRU

The subject property is a 3,175 square foot drive-through restaurant facility built on a 0.678 acre
out-parcel of the Shadowridge Plaza shopping center. 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 of North San Diego County in the City of Vista. Vista is a vibrant family-oriented
community.
North San Diego County consists of incorporated cities from west to east stretching along the Hwy
78 corridor beginning with the City of Oceanside, Vista, San Marcos and Escondido. In the past 40
years with the widening of Hwy 78 into a modern freeway; the cities have established
unprecedented growth in population, businesses and education with the opening of the campus of
Cal State San Marcos University in 1989.
Jack in the Box has been at this location for 37 years. This Jack in the Box NNN investment
property sits as an out-parcel fronting the “Shadowridge Plaza” shopping center, anchored by
Stater Bros Markets, Big 5 Sporting Goods, Starbucks and Anthem Church.

Grocery anchored shopping center with an abundance of parking.

Shadowridge Plaza is strategically located off Hwy-78 and services the communities of
Shadowridge, Rancho Carrillo, Bressi Ranch and the surrounding Vista and Carlsbad business
parks.

Jack In The Box | Absolute NNN Property

High Traffic Counts (45,000 AVD) on Sycamore Avenue and Strong Demographics for the
immediate area.

Highly visible location on Sycamore Avenue and proximity to Kaiser Permanente Hospital,
Cal State San Marcos and Palomar College.

NOTES: *1st extended term rent adjustment: On 9/26/27, monthly rent will be adjusted to Fair Market Rent (“FMR”) but not less than the previous month’s rent nor higher than 15% above the previous month’s rent. ** Options to Renew: Beginning at each option to renew, the monthly rent will be adjusted to Fair Market Rent (“FMR”) but not less than the previous month’s rent nor higher than 15% above the previous month’s rent.

Landlord has no responsibilities under the lease for payment of property taxes, insurance nor maintenance for the property. Absolute NNN Lease. There is no tenant right of first
refusal to purchase.