Jack in the Box Phoenix, AZ

2520 West Glendale Avenue
Phoenix, AZ

Price: $3,836,000
Cap Rate: 3.65%
NOI: $140,000
Building Size: Approx. 2,373 Sq. Ft.
Lot Size: Approx. 0.83 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built / Renovated: 1988 / 2010

Investment Overview

  • 2010 Renovation. 2,373+/- SF Building on 0.83+/- Acre Site
  • New Sale Lease-Back with Stine Enterprises (Operates 86 Jack in the Box & 13 Denny’s)
  • 20 Yr Absolute NNN Lease w/ 8% Rental Increases Every 5 Years, Including Options
  • Strategically Located Just off of I-17 (101K VPD) & Only 5 Minutes from Downtown Phoenix
  • Strong Income Demos w/ an est. $76,290 within a 3-Mile Radius
  • Near Food City, Target, PetSmart, Walmart SuperCenter, Big Lots!, Kroger, etc.
  • Phoenix | Capital City | Population: 1.72 Million