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33260225
33260226

6478 U.S. 60, Gold Canyon, AZ 85118 For Sale

JG
AZ AZ SA586241000
Newmark
SJ
AZ SA535405000
Newmark
Newmark - Phoenix
Listed by Newmark, Newmark - Phoenix
$2,590,000
46 days on market
Updated 46 days ago

Jack in the Box Gold Canyon

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,868
Cap Rate 6.00%
NOI $155,135
Occupancy 100%
Tenancy Single
Brand/Tenant Jack in the Box
Lease Type Absolute NNN
Price per SqFt $903
Year Built 2000
Year Renovated 2007
Acreage 0.820
Parking Spaces 45 spaces
Parking per 1,000 SqFt 15.69
Ground Lease No

Corporate Absolute NNN Jack in the Box | Phoenix MSA

Marketing description

This unique investment consists of a single tenant on an absolute NNN lease. This site sits on approximately 0.82 acres, sharing a parking lot with a Bashas’ shopping center. The property is located on the north side of US Highway 60 on the outskirts of Gold Canyon and has excellent visibility to more than 33,000 vehicles per day passing the center. Jack in the Box is situated in a prime location as one of only two drive-thru fast food restaurants in a 48 mile stretch along US Highway 60. Located 20 minutes from the Mesa Gateway Airport and 25 minutes from Downtown Mesa, Jack in the Box offers an investor the rare opportunity to acquire a stable asset in Gold Canyon.

Investment highlights

25 Year Tenured Tenant

Corporate STNL Jack in the Box

Drive Thru Location with Excellent Ingress/Egress

Absolute NNN Lease

Outparcel to Top Performing Basha's Grocery Store

Listing Contacts

JG
AZ AZ SA586241000
Newmark
SJ
AZ SA535405000
Newmark
Newmark - Phoenix
Listed by Newmark, Newmark - Phoenix

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$155,135.00
$12,927.92/mo

Valuation Metrics

0
DSCR
5.99%
Cap Rate
5.99%
ROI

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Additional Information

Name
Jesse Goldsmith
License
AZ SA586241000
Brokerage
Newmark
Brokerage Phone
4802415146
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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