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Restaurant

Zaxby's - New 5-Year Extension

12807 East 86th St N, Owasso, OK 74055

Listing Price: $2,100,000

Cap Rate
6.91%
Tenant Name
Zaxby's
Years Remaining On Lease
5.0
Guarantor
Franchisee Guarantee
Rentable SF
3,652
Lease Type
Absolute Net
Rent Per Square Feet
$39.76

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

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Restaurant

Zaxby's - New 5-Year Extension

Listing Price: $2,100,000

Cap Rate
6.91%
Tenant Name
Zaxby's
Years Remaining On Lease
5.0
Guarantor
Franchisee Guarantee
Rentable SF
3,652
Lease Type
Absolute Net
Rent Per Square Feet
$39.76

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

  • Robby Pfeiffer

    Senior Managing Director Investments

    (678) 808-2770

    Email Robby

    License(s): GA: 281335, AL: 000091407-1

    Atlanta

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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