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| Price $2,826,000 | Built/Renov 2006 | Tenant Zaxby's |
| Cap Rate 6.25% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,301
| Lease Start
05-26-2022
| #Units
19
|
| Price/SF $856.10 | Expiration
05-31-2042
| Tenant Type Fast Casual/Rest. |
| NOI $176,653 | R. Term 17.9 | Ownership Fee Simple |
| Rent/SF
$53.51
| Increases 2.0%/1/yrs | Pop 5Mi 91,423 |
| Lot/AC 1.26 | Options 4/5yrs/2% | AHHI 5Mi $85,586 |
| | |
Zaxby’s is strategically positioned along Chalkville Mountain Road, an arterial thoroughfare serving the retail corridor which sees 40,000 vehicles passing by daily. The site has nearby access to Interstate 59 (57,300 VPD) and Old Springville Road (14,500 VPD), making this an ideal, centralized location with easy commutes. The subject property is positioned as an outparcel at Trussville...
...Signalized intersection
Dense retail corridor
Near major nationals
Shopping Ctr out-parcel
Freeway close
Affluent suburb location
Long 15+ yr lease
Absolute NNN
Annual rent increases
Personal guarantee
Zaxby's is an privately held, American chain of fast casual restaurants offering chicken wings, chicken fingers, sandwiches, salads and nine signature sauces, including their famous “Zax”...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,805 | 37,350 | 91,339 |
| 2023 Total Population : | 3,882 | 37,836 | 91,941 |
| 2023 Employed Civilian Pop : | 2,023 | 18,527 | 45,045 |
| 2023 Total Businesses : | 239 | 1,076 | 2,452 |
| 2023 Average Household Income : | $ 89,315 | $ 89,670 | $ 85,642 |
| 2023 Total Consumer Spending : | $ 121 M | $ 1093 M | $ 2537 M |
| 2023 Median Age : | 40 | 39 | 38 |
| 2023 Total Households : | 1,600 | 14,222 | 34,475 |
| 2023 Pop Age 25+: Bachelor's Degree : | 601 | 5,303 | 11,143 |
| 2023 Average Home Value : | $ 300,596 | $ 244,986 | $ 240,438 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Trussville Crossings Pkwy | 2000 | 29,900 | 0.07 mi | |
| Chalkville Road | Service Rd | 2020 | 39,969 | 0.25 mi |
| Chalkville Road | Chalkville Rd | 2021 | 39,969 | 0.25 mi |
| Service Rd | Chalkville Rd | 2009 | 1,808 | 0.36 mi |
| Chalkville Mountain Ln | 2021 | 14,412 | 0.42 mi | |
| Chalkville Road | Hampstead Dr | 2018 | 33,057 | 0.45 mi |
| I- 59 | 2021 | 11,606 | 0.48 mi | |
| I 59 | Chalkville Rd | 2021 | 57,307 | 0.51 mi |
| Misty Ridge Dr | 2021 | 3,969 | 0.57 mi | |
| Service Rd | Misty Ridge Dr | 2019 | 4,613 | 0.63 mi |
Taylorville, IL
Cap Rate 6.50%
Lease Abs NNN
R. Term 19.80 yrs
Size/SF 1,576
Reading, PA
Cap Rate 5.50%
Lease NN+
R. Term 14.10 yrs
Size/SF 3,150
San Bernardino, CA
Cap Rate 5.75%
Lease NN+
R. Term 13.10 yrs
Size/SF 2,336
Butte, MT
Cap Rate 7.00%
Lease Abs NNN
R. Term 17.20 yrs
Size/SF 3,400
Key West, FL
Cap Rate 5.75%
Lease Abs NNN
R. Term 13.30 yrs
Size/SF 1,690
Laurinburg, NC
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.60 yrs
Size/SF 2,357
Lubbock, TX
Cap Rate 5.50%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 4,000
Middleburg Heights, OH
Cap Rate 5.50%
Lease NN+
R. Term 14.70 yrs
Size/SF 3,429
Owasso, OK
Cap Rate 6.50%
Lease Abs NNN
R. Term 9.80 yrs
Size/SF 2,200
Mishawaka, IN
Cap Rate 5.55%
Lease Abs NNN
R. Term 14.20 yrs
Size/SF 2,350
Evansville, IN
Cap Rate 5.25%
Lease Abs NNN
R. Term 14.00 yrs
Size/SF 2,325
Dickson, TN
Cap Rate 5.50%
Lease Abs NNN
R. Term 8.40 yrs
Size/SF 1,225
Barstow, CA
Cap Rate 5.25%
Lease Abs NNN
R. Term 15.20 yrs
Size/SF 2,500
Evergreen Park, IL
Cap Rate 5.90%
Lease NN+
R. Term 14.40 yrs
Size/SF 2,400
Snellville, GA
Cap Rate 5.41%
Lease Abs NNN
R. Term 6.11 yrs
Size/SF 3,332
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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