Alliance Investment Real Estate Group, is pleased to offer for sale this single-tenant Jack in the Box (OPEN 24 HOURS!) property located in Mesa, AZ WITH A DRIVE-THRU. This investment features a rare 25-year absolute true triple-net lease that calls for 10% rent increases every five years with approximately 22 years left on the original lease term. The lease, signed by Rucker Restaurant Holdings, LLC, operates 24 locations and is part of The Rucker Restaurant Group. The Rucker Restaurant Group is an experienced operator comprised of 100+ restaurants and growing including both Jack in the Box and Denny’s in Arizona, Texas, and Florida.
Mesa is a rapidly growing community in the Phoenix MSA with excellent demographics. The population count in a 5-mile radius is exceeds 225,000 and growing. The average household income in 3-mile radius is over $105,00. This location benefits from its excellent visibility just off the southwest corner next to a signalized intersection with high traffic counts of 26,379 ADT. Surrounding residential and retail that includes Sonic Drive-In, Walgreens, Leslie’s Swimming Pool Supply Store, Circle K, and O’Reilly Auto Parts, among others. It is also approximately 6.5 miles from the Phoenix-Mesa Gateway Airport.
Arizona Broker of Record:
Justin Chambers, Chambers Realty Group
AZ Broker's License #: BR554007000