2070 Dobson Rd Chandler, AZ 85224-2293
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.
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Jack in the Box Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-C · Chandler, AZChandler. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.