1740 S Main St, Milpitas presents a rare opportunity to acquire a single-tenant absolute NNN leased Corporate Jack in the Box located near the corner of South Main Street and Montague Expressway. Jack in the Box has been leasing this property since June of 1991 and they recently exercised their first five (5) year option commencing on September 26th , 2022 and expiring September 25th , 2027. Jack in the Box has three (3) five (5) year options remaining. The property is situated on a 25,720 square foot surrounded by new luxury residential townhome condos built by DR. Horton. The property is surrounded by new luxury residential condos and apartments. There has been tremendous residential development that has been built along Montague Expressway. The property is in one of the highest barrier to entry markets in the Silicon Valley. Extremely strong demographics with household incomes in excess of $183,830 in a 1-mile radius. Excellent central location in Milpitas, located near the corner of South Main Street and Montague Expressway. 1.2 miles from the New Milpitas BART Station.
