For Auction

Trust Sale: Jack in the Box | Repositioning Opportunity March 2027

2320 North Main Street,
Liberty, TX 77575

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Freestanding Retail
Retail Subtype
1998
Year Built
9,673
Vehicles Per Day
2,627 SF
Property Size
Absolute NNN
Lease Type
Single-Tenant
Retail Tenancy

Investment Highlights

Freestanding Drive-Thru Restaurant Building
A 2,627 SF freestanding building with an existing drive-thru lane, built 1998 and held fee simple.
Owner-User or Re-Lease Path at March 2027
The building becomes available when the current term ends, opening owner-user or re-leasing options.
Signalized Corner With 14,000+ Combined VPD
Positioned at N Main St (9,673 VPD) and Jefferson Dr (4,417 VPD) on Liberty's main retail route.
Across From 152,900 SF of Anchored Retail
Faces Jefferson Square and Northgate Shopping Center, home to Tractor Supply and Sherwin-Williams.
60,000+ Residents Within a 15-Mile Radius
The 15-mile population is projected to reach 62,584 by 2029, with 39,941 daytime population today.
75th Percentile Texas Visits for the Brand
Placer.ai ranked the site in the 75th percentile in Texas and 72nd nationally for 2024 visits.

Offering Summary

Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2320 N Main St in Liberty, TX is a freestanding Jack in the Box quick-service restaurant with a drive-thru, leased to the corporate entity on an absolute net basis. The 2,627 SF building, built in 1998, carries annual base rent of $80,490 ($30.64/SF), below recent comps for other Jack in the Box locations. The tenant bears full responsibility for roof and structure, leaving no landlord obligations. Jack in the Box has operated at the site continuously since 1999 and has exercised two renewal options, most recently in 2022. The current term expires March 16, 2027, with two 5-year options remaining at fair market value, giving a buyer exposure to a near-term renewal decision and a potential rent reset. The property sits near the signalized intersection of North Main Street (9,673 VPD) and Jefferson Drive (4,417 VPD), directly across from Jefferson Square (92,279 SF) and Northgate Shopping Center (60,621 SF). Placer.ai ranked the location in the 72nd percentile nationally and 75th percentile in Texas for 2024 annual visits among Jack in the Box units. Liberty sits within the Houston MSA, which has added more than 660,000 residents since 2020.

Due Diligence

Location

2320 N Main St sits near the signalized corner of N Main St and Jefferson Dr on Liberty’s primary north-south retail corridor into downtown. The site faces Jefferson Square and Northgate Shopping Center, with Walmart Supercenter and Liberty High School nearby. Over 60,000 residents live within 15 miles, and US-90 links the town to I-10 and the Houston MSA.

152,900 SF
Anchored retail directly across the stre
39,941
Daytime population within 15 miles
$69,537
Median household income within 15 mi

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: 10344

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Auction Opens In
44d 18h 5m 44s
$200,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Vincent Knipp
Marcus & Millichap
TX License: 0579633
Derek Schuster
Marcus & Millichap
TX License: 685656
Paul Casella
Marcus & Millichap
TX License: #750071-SA
TS
Tim Speck
Marcus & Millichap
TX License: 9017122-BB

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.