Jul 6, 2016

Coldwell Banker Commercial Capital Advisors Sells Jack in the Box in Cedar Creek, TX

Coldwell Banker Commercial Capital AdvisorsĀ is pleased to announce the sale of Jack in the Box in Cedar Creek, Texas. Capital Advisors represented the seller in the disposition of theĀ absolute NNN corporate lease.

We had the pleasure of working with Coldwell Banker Commercial Capital Advisors on the sale of our Jack in the Box NNN property in the greater Austin area. They are experts at Texas retail investments and as an out of state seller, we relied on them to conduct some extra due diligence some of which required working after hours and weekends during the transaction. They were also able to help the buyer to overcome several obstacles including short remaining lease term and challenges obtaining financing. They demonstrated a strong attention to detail as well as prompt and professional response to the buyer's inquiries and as a result we closed the transaction several weeks early. We look forward to working with the Coldwell Banker Commercial Capital Advisors team on transactions in the near future. -D. Perkins