Published on: Wednesday, June 18, 2025
Updated on: Wednesday, June 18, 2025
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About the Lister
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Name: Ryan Bennett
Company: NNN Investment Group
Office Phone: 760-448-2449
Cell Phone: 760-519-0240
Provide Your Service
Financing  Business  Material
  Jack in the Box
2440 W Thomas Rd Phoenix Arizona , 85015
2440 W Thomas Rd Phoenix Arizona                                                                                             , 85015  NNN Investment Group
Listing ID: CL-Arizona-25674

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 4.5
Net Operating Income: $154,832.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arizona-25674
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1961
Building Size: 24,131.00 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: 33
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: Yes
Building Status: Existing
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.
Complete Details
Year Build: 1961
Building Size: 24,131 SqFt.
No of Stories: 1
Total Lot Area: N/A SqFt.
No of Parking: 33
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: B
Property on Ground Lease?: Yes
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Shingle
Occupancy: 100%
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.

Additional Properties
Property Highlights
  • Corporate Lease Guaranty – Jack in the Box, Inc. (NASDAQ: JACK) $1.57 Billion in Revenue (2024)
  • $2.2M in Estimated Gross Sales Annually (2024) – Profitable 5.5% Rent to Sales Ratio – Recently Extended 15 Year Lease
  • 16+ Years Remaining on Absolute NNN Lease – Recent 15 Year Early Lease Extension – 32 Year Successful Operating History
  • Irreplaceable Frontage & Access to Interstate 17 & Highway 60 – Visibility To 267,000 Vehicles Per Day – Signalized Hard Corner
  • Phoenix, Arizona – An Economic Powerhouse – One of The Fastest Growing Metro Areas in the U.S.
Features
  • Drive Thru, Monument Signage
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2025
$0.00
$0.00
$0.00
$154,832.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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3178 E Camelback Rd , Phoenix Arizona                                                                                              85016
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5900 South Cooper Street , Arlington Texas                                                                                                76017
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3230 West Lane , Stockton California                                                                                           95204
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305 Meadowbrook Rd , Jackson Mississippi                                                                                          39206