For Sale
$2,118,000

25026 Ellsworth Rd Queen Creek, AZ 85142

Arizona QSR, High Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 2,764 square foot Jack in the Box restaurant situated on a 0.97-acre lot in Queen Creek, Arizona. Built in 2022, this freestanding building features a drive-thru and boasts 100% occupancy under an absolute NNN ground lease with a franchisee tenant (Rucker Restaurant Holdings). The lease has 18 years remaining, providing significant long-term stability and secured cash flow. Rent bumps are included, with 10% increases every five years throughout the primary term and any option periods. The property generates a strong net operating income (NOI) of $90,000, resulting in a 4.25% cap rate. Located at 25026 S Ellsworth Rd, 85142, this high-visibility location benefits from over 65,000 vehicles per day passing by, and is easily accessible from Ellsworth and Riggs Roads. The property is surrounded by strong retail anchors including Fry's Marketplace, Fat Cats, EOS Fitness, and Tractor Supply, and is within a densely populated area with nearly 150,000 residents within a 5-mile radius and significant future residential development planned. The average household income within a 1-mile radius exceeds $165,000, indicating a strong consumer base. This investment offers a compelling combination of secure income, long-term growth potential, and a prime location in one of Arizona's fastest-growing areas. The property's APN is 314-02-912.

Highlights

  • $2,118,000 asking price for this Net Leased Jack in the Box.
  • Absolute NNN lease with a franchisee tenant.
  • 18-year remaining lease term on a 2,764 SF building.
  • 4.25% cap rate with a $90,000 NOI.
  • Built in 2022, 100% occupancy, and features a drive-thru.
  • 0.97-acre lot with rent bumps included.

Property Details for 25026 Ellsworth Rd

Property type
Retail properties
Square Feet
2,764 SF
Year Built
2022
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Queen Creek
County
Maricopa
State
Arizona
Latitude
33.2211686
Longitude
-111.6352313

FAQs

What type of property is this?
Retail property - Arizona QSR, High Growth Area
Where is the retail property located?
The property is located at 25026 Ellsworth Rd Queen Creek, AZ.
What is the asking price?
The asking price for this property is $2,118,000.
What are key features of this property?
This property features: $2,118,000 asking price for this Net Leased Jack in the Box.; Absolute NNN lease with a franchisee tenant.; 18-year remaining lease term on a 2,764 SF building.
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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25026 Ellsworth Rd
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