Sale of the fee simple interest with corporately guaranteed Jack in the Box NNN lease with plus or minus 7 years left on the initial lease term. 3x 5-year options. Cap rate is 4.1%. Tenant has Prop 13 Tax Protection. This is an annual landlord responsibility. New owner is responsible for the difference in the new property tax basis and the current basis. Based on a purchase price of $2,100,000, the first year the landlord's payment will be approximately $5,184 per year. The property has multiple options for vehicular ingress/egress. The traffic count is 9,300 cars per day on Brimhall Road, and 4,600 cars per day on Jewetta Avenue at Brimhall Road. LOCATION: The Shops at Brimhall is a 23,751 square foot retail shopping center located at the northeast corner Brimhall Road and Jewetta Avenue. The center is anchored by Grocery Outlet (a public company with 355 locations), Jack In the Box, and Mountain Mike’s Pizza. The center is situated in one of Bakersfield’s fastest growing residential areas and is adjacent to Liberty High School, Liberty Park and within 1/2 mile from Aera Baseball Field and Riverwalk Park. Two retail pads are under construction in the center offering an additional 8,820 square feet and 7,000 square feet of retail space.