Skip to main content

Restaurant

Zaxby's Nashville, TN

5228 Nolensville Pike, Nashville, TN 37211

Listing Price: $3,473,000

Cap Rate
4.75%
Tenant Name
Zaxby's
Guarantor
Franchisee Guarantee
Rentable SF
2,804
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$58.84

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Zaxby’s Restaurant investment opportunity located in Nolensville, TN just 22 miles from Nashville, TN. The property consists of approximately 0.73 acres improved with a 2,804 square foot building. The restaurant was built in 2015 and will have a brand new, 20-year NNN lease in place with a seasoned Franchisee in the Zaxby’s brand. Annual base rent is set at $165,000 with 1.25% percent rental increases annually, as well as the 3, five-year renewal options. The restaurant is located in Nolensville, TN on Nolensville Pike a few miles off Interstate 65. It is in close proximity to a Walmart Supercenter, Home Depot, Lowe’s, Kroger, Walgreens, and Publix. Other notable retail includes Discount Tire, Aaron’s furniture, Dollar General Market, Popshelf and AutoZone Auto Parts. Fast food restaurants nearby include, Burger King, McDonald’s, Starbucks, Taco Bell, Chick-fil-A, Papa John’s, Subway, Domino’s Pizza, and Wendy’s. With over 37,700 vpd, this Zaxby’s location is in the center of many high growth neighborhoods with a total population over 200,000 in a 5-mile radius from the restaurant.

Investment Highlights

  • New 20 Year Sale Leaseback
  • Signalized Corner
  • Nashville, TN

Exclusively Listed By

Restaurant

Zaxby's Nashville, TN

Listing Price: $3,473,000

Cap Rate
4.75%
Tenant Name
Zaxby's
Guarantor
Franchisee Guarantee
Rentable SF
2,804
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$58.84

Investment Highlights

  • New 20 Year Sale Leaseback
  • Signalized Corner
  • Nashville, TN

Investment Overview

Marcus & Millichap is pleased to present for sale this single tenant, absolute triple-net Zaxby’s Restaurant investment opportunity located in Nolensville, TN just 22 miles from Nashville, TN. The property consists of approximately 0.73 acres improved with a 2,804 square foot building. The restaurant was built in 2015 and will have a brand new, 20-year NNN lease in place with a seasoned Franchisee in the Zaxby’s brand. Annual base rent is set at $165,000 with 1.25% percent rental increases annually, as well as the 3, five-year renewal options. The restaurant is located in Nolensville, TN on Nolensville Pike a few miles off Interstate 65. It is in close proximity to a Walmart Supercenter, Home Depot, Lowe’s, Kroger, Walgreens, and Publix. Other notable retail includes Discount Tire, Aaron’s furniture, Dollar General Market, Popshelf and AutoZone Auto Parts. Fast food restaurants nearby include, Burger King, McDonald’s, Starbucks, Taco Bell, Chick-fil-A, Papa John’s, Subway, Domino’s Pizza, and Wendy’s. With over 37,700 vpd, this Zaxby’s location is in the center of many high growth neighborhoods with a total population over 200,000 in a 5-mile radius from the restaurant.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower