25026 Ellsworth Rd Queen Creek, AZ 85142-0323
- Drive through restaurants
- 2,717 SF
- 0.98 lot acres
Apr 18, 2025
Current Use by Public Records
- Jack in the box / Hamburger Restaurant / Delivery Restaurant
Property Details for 25026 Ellsworth Rd
- Year built
- 2022
- Lot size
- 0.98 lot acres
- Property size
- 2,717 SF
- Property type
- Drive through restaurants
- APN
- 314-02-912
- APU
- 31402912
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,990,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,373,000
- AI Estimate
- $2,209,000
Market price range: $758k - $2.50MMarket price range: $684k - $2.40M -
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,550,000 Current use
- COMMERCIAL (GENERAL)
- $2,180,000 Change: +41% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Queen Creek
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.635
- Latitude
- 33.2211
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA