2070 Dobson Rd, Chandler, AZ 85224-2293
- Drive through restaurants
- 2,654 SF
- 0.67 lot acres
Current Use by Public Records
- Jack in the Box / Restaurant
Property Details for 2070 Dobson Rd
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 0.67 lot acres
- Zone code
- C-C
- Property type
- Drive through restaurants
- APN
- 302-79-712
- APU
- 30279712
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 2, 2026 | $1,725,000 | 2070 Dobson Acquisition Partners Ll | Skttl Ventures LLC | Special Warranty Deed | $1.5M · The Foothills Bank |
| Jan 5, 2018 | $1,450,000 | Skttl Ventures LLC | Bcb-wb Partners LLC | Grant Deed | — |
| Aug 19, 2016 | $6,100,000 | Bcb-wb Partners LLC | Valle Del Sol Socal LLC | Grant Deed | — |
| Apr 21, 2008 | $6,040,000 | David A Santefort | Chandler Valle Delsol LLC | Grant Deed | $3.6M · Midfirst Bank State Savings Bk |
| May 11, 2005 | $5,510,000 | Chandler Valle Del Sol LLC | Bc Berge LLC | Special Warranty Deed | $3.7M · Midfirst Bank |
| Jun 25, 2002 | $1,125,000 | Bc Berge LLC | Chandler Arizona I Property | Grant Deed | — |
| — | — | Valle Del Sol Socal LLC | — | Deed Of Trust · related | $1.1M · David A & Linda J Santefort |
| — | — | Valle Del Sol Socal LLC | — | Loan Modification · related | $3.7M · Midfirst Bk |
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,811,000
- AI Estimate
- $1,758,000
Market price range: $1.04M - $2.09MMarket price range: $760k - $1.91M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,375,000 Current use
- COMMERCIAL (GENERAL)
- $2,130,000 Change: +55% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,685,000 Change: +22% Conversion: Difficult
- RETAIL STORES
- $1,200,000 Change: -13% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chandler
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.877
- Latitude
- 33.336
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
