For Sale
$1,695,000

2070 Dobson Rd Chandler, AZ 85224

Arizona QSR Investment, 5.7% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a fee-simple ownership of a Jack in the Box corporate-guaranteed ground lease in Chandler, Arizona. The property boasts a strong 5.70% cap rate, generating a net operating income (NOI) of $96,630 annually. Located at 2070 N Dobson Rd, this single-tenant, absolute NNN lease offers significant stability with a corporate guarantee from Jack in the Box, a nationally recognized brand. The current lease term extends until April 1, 2028, with a remaining term of approximately 3.4 years. A five-year renewal option has already been exercised, demonstrating the tenant's long-term commitment to this location. The property benefits from high visibility on Dobson Road and W Warner Road, experiencing over 58,000 vehicles per day. The site is strategically positioned within a vibrant retail area, surrounded by a dense residential population exceeding 355,000 residents within a 5-mile radius. Anchored by Esporta Fitness, and complemented by other national and local retailers such as Starbucks and Circle K, this location enjoys excellent accessibility and strong traffic flow. The ground lease structure provides additional upside potential upon lease expiration in April 2028, allowing for future lease negotiations or redevelopment opportunities. The asking price is $1,695,000. This is a rare opportunity to acquire a well-performing, low-risk investment with significant long-term potential.

Highlights

  • Reduced asking price.
  • High-traffic location.
  • Excellent visibility from major thoroughfare.
  • Ample on-site parking.
  • Modern, updated interior.

Property Details for 2070 Dobson Rd

Property type
Retail properties

Location Insight

City
Chandler
County
Maricopa
State
Arizona
Latitude
33.3360477
Longitude
-111.8770966

FAQs

What type of property is this?
Retail property - Arizona QSR Investment, 5.7% Cap Rate
Where is the retail property located?
The property is located at 2070 Dobson Rd Chandler, AZ.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Reduced asking price.; High-traffic location.; Excellent visibility from major thoroughfare.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2070 Dobson Rd
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