Long-term, passive investment | New, 20-year, absolute NNN lease with zero Landlord responsibilities |
Strong sales and healthy rent-to-sales ratio | ±25% above-average in sales for a Zaxby’s |
Tenant plans on undergoing a large-scale exterior remodel within the next 24 months | Speak with Agent for details |
Strong hedge against inflation | Lesser of 10% or CPI increases every 5 years throughout the initial term and options | ±$5.7MM in guaranteed income |
Site is outparceled to a Walmart Supercenter-anchored shopping center |
Zaxby’s is one of the largest QSR chains in the country with 950+ locations across 17 states | Has agreements for 35+ new locations in 2024 |