Item 2. Properties
ITEM 2. PROPERTIES
The following table sets forth information about our restaurant locations (by segment, by state) for all restaurants in operation as of October 2, 2022:
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Del Taco Jack in the Box
Company-
Operated Franchise Total Company-
Operated Franchise Total
Alabama — 1 1 — — —
Arizona — 39 39 5 170 175
California 228 135 363 101 843 944
Colorado — 20 20 — 17 17
Florida 1 3 4 — — —
Georgia 14 10 24 — — —
Hawaii — — — — 28 28
Idaho — 10 10 — 34 34
Illinois — — — — 11 11
Indiana — — — — 3 3
Kansas — — — 5 — 5
Louisiana — — — — 16 16
Michigan — 10 10 — —
Missouri — — — 3 36 39
Nevada 37 9 46 — 78 78
New Mexico — 12 12 — 8 8
North Carolina — — — — 18 18
Ohio — 3 3 — 2 2
Oklahoma 10 — 10 8 7 15
Oregon — 9 9 — 41 41
South Carolina — — — — 8 8
Tennessee — — — 2 2 4
Texas — — — 22 561 583
Utah — 34 34 — 3 3
Washington — 5 5 — 147 147
Guam — 1 1 — 2 2
290 301 591 146 2,035 2,181
Of the total 591 Del Taco and 2,181 Jack in the Box restaurants, our interest in restaurant properties consists of the following:
Del Taco Jack in the Box
Company-
Operated Franchise Total Company-
Operated Franchise Total
Company-owned restaurant buildings:
On company-owned land — — — 10 179 189
On leased land 1 — 1 51 546 597
Subtotal 1 — 1 61 725 786
Company-leased restaurant buildings on leased land 289 50 339 85 996 1,081
Franchise directly-owned or directly-leased restaurant buildings — 251 251 — 314 314
Total restaurant buildings 290 301 591 146 2,035 2,181
Our restaurant leases generally provide for fixed rental payments (with cost-of-living index adjustments) plus real estate taxes, insurance, and other expenses. In addition, approximately 17% of our leases provide for contingent rental payments between 1% and 12% of the restaurant’s gross sales once certain thresholds are met. We have generally been able to renew our restaurant leases as they expire at then-current market rates.
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In addition to the restaurant locations, we own our corporate headquarters located in San Diego, California, which consists of approximately 70,000 square feet and approximately four acres of undeveloped land directly adjacent to it. We lease our Del Taco office, consisting of approximately 40,000 square feet in Lake Forest, California.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.