TOMBALL, TX
Jack in the Box Inc. (NASDAQ:JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box® restaurants, one of the nation’s largest hamburger chains, with more than 2,200 restaurants in 21 states and Guam. Additionally, through a wholly owned subsidiary, the company operates and franchises Qdoba Mexican Eats®, a leader in fast-casual dining, with more than 600 restaurants in 47 states, the District of Columbia and Canada.
• Absolute NNN Lease - Zero Landlord Responsibility
• Strong Corporate Guarantee by $2.8 Billion Dollar Market Cap Company (NASDAQ: Jack)
• Located Across from Baker Hughes Corporate Campus and Baker Hughes 300,000 sq-ft Western Hemisphere Education Center
• Daytime Population Exceeds 260,000
• Adjacent to Approved 50 Acre Development Including a 350 Unit Garden Style Multi Family, Class A Retail and a Proposed Hotel.
• Located in Proximity to Concordia Lutheran High School
• Dense Residential Area - Population within a 10Mile Radius Exceeds 548,000
• Average Household Income within 7-Mile Radius is Approximately 1.5x the National Average
• Huge Traffic Counts - Traffic Counts Along the Nearest Intersection Exceed 42,000 Vehicles Per Day
HOUSTON, TX
Houston is the most populous city in Texas, and the fifth most populous city in the United States. With a censusestimated 2013 population of 6.49 million people within a land area of 10,062 square miles, Houston is the largest city in the Southern United States, the seat of Harris County, and fifth-most populated metropolitan area in the United States.
Houston was founded in 1836 on land near the banks of Buffalo Bayou (now known as Allen’s Landing) and incorporated as a city on June 5, 1837. The city was named after former General Sam Houston, who was president of the Republic of Texas and had commanded and won at the Battle of San Jacinto 25 miles (40 km) east of where the city was established. The burgeoning port and railroad industry, combined with oil discovery in 1901, has induced continual surges in the city’s population. In the mid-twentieth century, Houston became the home of the Texas Medical Center— the world’s largest concentration of healthcare and research institutions— and NASA’s Johnson Space Center, where the Mission Control Center is located.
Houston’s economy has a broad industrial base in energy, manufacturing, aeronautics, and transportation. It is also leading in health care sectors and building oilfield equipment; only New York City is home to more Fortune 500 headquarters. The Port of Houston ranks first in the United States in international waterborne tonnage handled and second in total cargo tonnage handled. Nicknamed the Space City, Houston is a global city, with strengths in business, international trade, entertainment, culture, media, fashion, science, sports, technology, education, medicine and research. The city has a population from various ethnic and religious backgrounds and a large and growing international community. Houston is considered to be the most diverse city in Texas and the United States. It is home to many cultural institutions and exhibits, which attract more than 7 million visitors a year to the Museum District. Houston has an active visual and performing arts scene in the Theater District and offers year-round resident companies in all major performing arts.
PoPulation
In the identified area, the 2016 population was 548,512. The rate of change since 2000 was 78.06%. The five-year projection for the population in the area was 620,058 representing a change of 13.03% from 2016 to 2021. The population was 49.1% male and 50.9% female. The median age in this area was 37.0, compared to U.S. median age of 38.0.
HouseHolds
There were 194,756 households in your selected geography in 2016. The number of households changed by 79.38% since 2000. It is estimated that the number of households in your area will be 218,770 in 2021, which represents a change of 12.33% in five years. The average household size in your area was 2.81 persons.
income
In 2016, the median household income for your selected geography was $89,049, compared to the Entire US average which was currently $54,149. It is estimated that the median household income in your area will be $98,317 in 2021, which represents a change of 10.41% from 2016. The per capita income in your area was $42,031, compared to the Entire US average, which was $29,472. The 2016 average household income in your area was $118,158, compared to the Entire US average which was $77,008.
Race and etHnicity
The current year racial makeup of your selected area is as follows: 75.1% White, 7.6% Black, 0.5% Native American and 7.1% Asian/Pacific Islander. Compare these to Entire US averages which are: 71.60% White, 12.70% Black, 0.18% Native American and 5.02% Asian/Pacific Islander. People of Hispanic origin are counted independently of race. People of Hispanic origin made up 18.3% of the 2016 population in your selected area. Compare this to the Entire US average of 17.9%.
Housing
In 2016, there were 141,068 owner occupied housing units in your area and there were 53,688 renter occupied housing units in your area. Median home value in the area was $225,479, compared to a median home value of $198,891 for the U.S.
emPloyment
In 2016, there were 260,641 employees in your selected area, this is also known as the daytime population. 72.2% of employees were employed in white-collar occupations in this geography, and 14.8% were employed in blue-collar occupations. In 2016, unemployment in this area was 4.3%.
CONFIDENTIALITY AGREEMENT
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Vitorino Group and it should not be made available to any other person or entity without the written consent of Vitorino Group. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to Vitorino Group.
This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Vitorino Group has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, Vitorino Group has not verified, and will not verify, any of the information contained herein, nor has Vitorino Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE VITORINO GROUP AGENT FOR MORE DETAILS.