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Restaurant

Zaxby's

4815 Bell Hill Rd, Bessemer, AL 35022

Listing Price: $3,985,732

Cap Rate
5.00%
Tenant Name
Credit to Chicken LLC
Years Remaining On Lease
19.8
Guarantor
Franchisee Guarantee
Rentable SF
3,423
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$58.22

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Zaxby’s located at 4815 Bell Hill Rd in Bessemer, Alabama. The site consists of roughly 3,423 rentable square feet of building space on estimated 0.88-acre parcel of land. This Zaxby’s is subject to a 20-year absolute triple-net (NNN) lease, which commenced May 26th, 2022. The current annual rent is $199,287 and is scheduled to increase by 2.00%annually starting in year 7 and in each of the 4, 5-year renewal options.

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Growing Franchisee | Credit to Chicken LLC
  • Two Percent (2%) Rental Increases Occurring Annually Starting in Year Seven (7)

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s) AL: 0000882980

    Alabama

Financing By

Listing Price: $3,985,732

Cap Rate
5.00%
Tenant Name
Credit to Chicken LLC
Years Remaining On Lease
19.8
Guarantor
Franchisee Guarantee
Rentable SF
3,423
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$58.22

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Growing Franchisee | Credit to Chicken LLC
  • Two Percent (2%) Rental Increases Occurring Annually Starting in Year Seven (7)

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Zaxby’s located at 4815 Bell Hill Rd in Bessemer, Alabama. The site consists of roughly 3,423 rentable square feet of building space on estimated 0.88-acre parcel of land. This Zaxby’s is subject to a 20-year absolute triple-net (NNN) lease, which commenced May 26th, 2022. The current annual rent is $199,287 and is scheduled to increase by 2.00%annually starting in year 7 and in each of the 4, 5-year renewal options.

Broker of Record

  • Eddie Greenhalgh

    Senior Vice President Investments

    (205) 510-9200

    License(s): AL: 0000882980

    Alabama

Financing By

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