The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a corporate leased Jack in the Box in Phoenix, AZ. Jack in the Box, a publicly traded company (NASDAQ: JACK), operates over 2,200 locations across 22 states and has nearly $6 billion annual systemwide sales. The long term absolute
NNN lease was recently extended, and has over 17 lease years remaining in the primary term and features 10% rent increases every 5 years.
This high performing Jack in the Box is ranked in the top 20% performing stores in the state and top 28% in the Country. The 2,414 SF QSR building with drive-thru on 0.91-acre parcel is strategically positioned on the hard corner signalized intersection of Highway 17 Arizona Veterans, Highway 60 Black Canyon Highway and Thomas Road which sees over 267,200 VPD. This combined with the over 434,000 people living within a 5-mile radius as well as over 17,680 businesses making this an irreplaceable location for a quick service restaurant.