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Restaurant

Zaxbys | Absolute NNN | Annual Rent Increases

3220 NC-87, Sanford, NC 27332

Listing Price: $3,812,000

Cap Rate
6.75%
Tenant Name
Zaxbys
Years Remaining On Lease
8.1
Gross SF
3,900
Guarantor
Franchisee Guarantee
Rentable SF
3,900
Price/Gross SF
$977.44
Lease Type
Absolute Net
Rent Per Square Feet
$5.50

Investment Overview

This offering presents a stabilized, single-tenant Zaxby’s net lease investment located at 3220 NC Highway 87 S in Sanford, North Carolina, a high-growth corridor within the Raleigh–Durham CSA. The 3,900-square-foot, free-standing quick-service restaurant was built in 2014 and is situated on a 0.91-acre parcel with excellent visibility and traffic exposure exceeding 23,000 vehicles per day. The lease is backed by a strong multi-unit franchisee guaranty, and the location ranks #2 among Zaxby’s restaurants within a 30-mile radius, reflecting strong unit-level performance.

Investment Highlights

  • 3,900 Sq Ft QSR with Drive-Thru | 2014 Construction | 0.912 Acres
  • Absolute NNN Lease | Zero Landlord Obligations | 2% Annual Rental Increases
  • YoY Sales Increases | Profitable RTS Ratio
  • #2 Zaxby's in 30-Mile Radius (Placer Ai)
  • Outparcel to #2 Walmart in 30-Mile Radius | Walmart Estimated Sales: $93.5 Million (Placer Ai)
  • Additional Retailers Nearby: Chick-Fil-A, Lidl, Hobby Lobby, Food Lion, & More
  • High Visibility on NC Highway 87 | 23,000+/- Vehicles Per Day
  • Strong Franchisee Guaranty | Operator Owns Multiple Locations in NC

Exclusively Listed By

Financing By

Restaurant

Zaxbys | Absolute NNN | Annual Rent Increases

Listing Price: $3,812,000

Cap Rate
6.75%
Tenant Name
Zaxbys
Years Remaining On Lease
8.1
Gross SF
3,900
Guarantor
Franchisee Guarantee
Rentable SF
3,900
Price/Gross SF
$977.44
Lease Type
Absolute Net
Rent Per Square Feet
$5.50

Investment Highlights

  • 3,900 Sq Ft QSR with Drive-Thru | 2014 Construction | 0.912 Acres
  • Absolute NNN Lease | Zero Landlord Obligations | 2% Annual Rental Increases
  • YoY Sales Increases | Profitable RTS Ratio
  • #2 Zaxby's in 30-Mile Radius (Placer Ai)
  • Outparcel to #2 Walmart in 30-Mile Radius | Walmart Estimated Sales: $93.5 Million (Placer Ai)
  • Additional Retailers Nearby: Chick-Fil-A, Lidl, Hobby Lobby, Food Lion, & More
  • High Visibility on NC Highway 87 | 23,000+/- Vehicles Per Day
  • Strong Franchisee Guaranty | Operator Owns Multiple Locations in NC

Investment Overview

This offering presents a stabilized, single-tenant Zaxby’s net lease investment located at 3220 NC Highway 87 S in Sanford, North Carolina, a high-growth corridor within the Raleigh–Durham CSA. The 3,900-square-foot, free-standing quick-service restaurant was built in 2014 and is situated on a 0.91-acre parcel with excellent visibility and traffic exposure exceeding 23,000 vehicles per day. The lease is backed by a strong multi-unit franchisee guaranty, and the location ranks #2 among Zaxby’s restaurants within a 30-mile radius, reflecting strong unit-level performance.

Exclusively Listed By

Financing By

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