37723 N Gantzel Rd - Fast Food FOR SALE


San Tan Valley, AZ 85140
$1,656,000 USD
602-682-6052
37723 N Gantzel Rd, San Tan Valley, AZ for Sale
$1,656,000 USD
Fast Food - FOR SALE
1/8
null | 4.75% Cap Rate

37723 N Gantzel Rd
San Tan Valley, AZ 85140


HIGHLIGHTS

  • 11 Years Remaining | Drive-Thru on Large Lot | National QSR Tenant
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Across from Target and Sprouts Anchored Center (1.9M Visits) |Direct Access of N. Gantzel Rd (25K VPD)
  • Strong Demographics In 5-mile Trade Area | Phoenix MSA | Fastest Growing County in AZ | Master-Planned Development

OVERVIEW

SRS Real Estate Partners-West, LLC is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, drive-thru Jack in the Box investment property located in San Tan Valley, Arizona (Phoenix MSA). The tenant, DOP San Tan Valley, LLC, has 11-years remaining on its lease with 4 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Jack in the Box is one of the most recognized quick-service restaurant brands in the United States, operating approximately 2,128 locations across 24 states, Guam, and Mexico from its headquarters in San Diego, California.

FOR SALE DETAILS

PRICE

$1,656,000 USD

PRICE/SF

$579 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Jack in the Box | Abs NNN GL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

CB-2

APN/PARCEL ID

104-22-082

ASK ABOUT THIS PROPERTY

Chris Abdayem, CCIMSRS Real Estate PartnersMore Info
602-682-6052

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Chris Abdayem, CCIMSRS Real Estate PartnersMore Info
602-682-6052

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.