Absolute NNN lease with over 12 years remaining on the initial 20-year term with 10% increases every five years and in the 2 five-year renewal periods |
This Oklahoma City MSA Zaxby’s is located on a busy signalized intersection with over 17,500 VPD with nearby national retailers and ¼ mile from I-40 |
Other traffic generators include proximity to Interstate 40 and Tinker AFB, the largest single-site employer in the state with 25,000 employees. |
Five-mile demographics include a population over 110,000 and average household income over $77,500. |
Zaxby’s has over 950 locations nationwide with strong brand perception as evidenced by Goldman Sachs purchasing a 50% interest ($2B) in 2020. |
Guarantor is an experienced 12-unit Zaxby’s franchise operator. |