Restaurant
Zaxby's - New 5-Year Extension
12807 East 86th St N, Owasso, OK 74055
Listing Price: $2,100,000
Investment Overview
ZAXBYS | 1788 CHICKEN
• ZAXBYS IS A NATIONAL BRAND WITH OVER 1,000 LOCATIONS IN 22 STATES
• ZAXBYS STORE AVERAGE UNIT VOLUME OF $2,800,000+/-
• GOLDMAN SACHS PURCHASED ZAXBYS FOR APPROXIMATELY $2 BILLION IN 2020
• 1788 CHICKEN IS ONE OF THE LARGEST ZAXBYS FRANCHISEES WITH 75+/- LOCATIONS
• 1788 CHICKEN OPERATES IN TN, OK, AL, AR, GA, KY, AND MS
Investment Highlights
- ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
- 10% RENTAL INCREASES EVERY 5 YEARS
- TENANT JUST EXERCISED A 5-YEAR EXTENSION OPTION
- NATIONAL BRAND EXPANDING ACROSS THE COUNTRY
- CORNER LOT AT SIGNALIZED INTERSECTION
- TENANT IS A SUBSIDIARY OF ONE OF THE LARGEST ZAXBYS FRANCHISEES
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By
Listing Price: $2,100,000
Investment Highlights
- ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES
- 10% RENTAL INCREASES EVERY 5 YEARS
- TENANT JUST EXERCISED A 5-YEAR EXTENSION OPTION
- NATIONAL BRAND EXPANDING ACROSS THE COUNTRY
- CORNER LOT AT SIGNALIZED INTERSECTION
- TENANT IS A SUBSIDIARY OF ONE OF THE LARGEST ZAXBYS FRANCHISEES
Investment Overview
ZAXBYS | 1788 CHICKEN • ZAXBYS IS A NATIONAL BRAND WITH OVER 1,000 LOCATIONS IN 22 STATES • ZAXBYS STORE AVERAGE UNIT VOLUME OF $2,800,000+/- • GOLDMAN SACHS PURCHASED ZAXBYS FOR APPROXIMATELY $2 BILLION IN 2020 • 1788 CHICKEN IS ONE OF THE LARGEST ZAXBYS FRANCHISEES WITH 75+/- LOCATIONS • 1788 CHICKEN OPERATES IN TN, OK, AL, AR, GA, KY, AND MS
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Financing By