Zaxbys Absolute Nnn Annual Rent Increases — Sale in Sanford, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Sanford, NC 27332

Investment Figures

Cap rate
6.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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

Market Context

This retail in Sanford, NC is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 85 days. Compare it against other retail listings for sale in Sanford, NC — view the full market.

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