Jack in the Box

Listing Summary

Lee & Associates is pleased to present a rare Jack in the Box corporate-guaranteed, 100% leased, single-tenant NNN investment opportunity located in Phoenix, Arizona.

Full Description

Lee & Associates is pleased to present a rare Jack in the Box corporate-guaranteed, 100% leased, single-tenant NNN investment opportunity located in Phoenix, Arizona. Jack in the Box, one of the nation’s most recognized quick-service restaurant brands, boasts nearly 75 years of operational history, with over 2,200 locations across 21 states. Demonstrating a long-term commitment to this high-performing location, the tenant recently executed a 15-year early lease extension through 2041. With 32 years of successful operation at this site and estimated 2024 gross sales of $2.2 million, this location maintains a strong and healthy 5.5% rent-to-sales ratio.

Strategically positioned at the signalized hard corner intersection of Interstate 17, Thomas Road, and Highway 60, the property offers visibility to over 267,000 vehicles per day and benefits from seamless ingress and egress from multiple access points. The site is located in one of Phoenix’s densest retail corridors, with nearly 250,000 residents and over 166,000 households within a five-mile radius, further supporting strong sales performance and daily traffic volume.

Located in the rapidly growing Phoenix metro, one of the fastest-expanding regions in the U.S., the property is positioned to benefit from a surging local economy fueled by high-wage job creation and significant tech-sector investment. Phoenix is now home to Taiwan Semiconductor Manufacturing Co.’s $65+ billion expansion, making it a national hub for innovation and manufacturing. With favorable demographics, increasing demand for retail, and a corporate-guaranteed lease from a nationally recognized tenant, this asset presents a compelling opportunity for long-term, stable returns.

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