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Financial
Distress signals
Property profile

2440 Thomas Rd Phoenix, AZ 85015

OFF-MARKET
Drive through restaurants
Property ID
US07-1339256
2,413 SF 0.53 ac lot Built 1990
Last sale Sep 2025 · $2,830,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This offering presents a compelling investment opportunity: a Jack in the Box restaurant in Phoenix, Arizona, operating under an absolute NNN lease with 16.8 years remaining until expiration. The lease, originally commencing September 9, 1993, and recently extended, features a 48-year term and includes 10% rent increases every five years. The property boasts a 2,413 square foot building situated on a 0.91-acre lot at a high-traffic intersection of Arizona Veterans Highway 17, Black Canyon…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$15k
Tax billed · 2023
Assessed value · 2024$138k
Effective rate10.51%

Value estimate

· Oct 2026
$565k
$509k – $622k
Submarket $/SF estimate$1.31M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$534/SF
Submarket average, outlier-cleaned · 167 recorded sales of this use type
Observed band · Q1–Q3$260 – $828
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-G
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.4
Dental Office24.0
Law Firm17.1

Location

2440 Thomas Rd Phoenix, AZ 85015-5938
County assessor Recorded deeds · 8 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5108 19th, Phoenix, AZ 85015-3215 $400,000 Jun 2025 3,118 SF
3509 19th, Phoenix, AZ 85015-5401 $300,000 Mar 2025 2,332 SF
4829 15th, Phoenix, AZ 85015-3603 $575,000 Sep 2024 2,298 SF
2027 Bethany Home, Phoenix, AZ 85015-2444 $350,000 Aug 2024 2,772 SF
2013 Bethany Home, Phoenix, AZ 85015 $1,950,000 Jul 2024 2,315 SF
4516 19th, Phoenix, AZ 85015-4117 $1,150,000 May 2022 3,080 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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