Zaxby's

104 Carnahan Drive, Maumelle, AR 72113

$1,954,887

Cap Rate 6.65%

Updated: 06.06.24 Posted: 11.22.23 Status: Sold

Summary

Price $1,954,887	Built/Renov 2006	Tenant Zaxby's
Cap Rate 6.65%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 3,422	Lease Start 05-01-2024	#Units 31
Price/SF $571.27	Expiration 04-30-2049	Tenant Type Fast Casual/Rest.
NOI $130,000	R. Term 23.12	Ownership Fee Simple
Rent/SF $37.99	Increases 2.0%/1/yrs	Pop 5Mi 46,495
Lot/AC 0.83	Options 4/5yrs/2%	AHHI 5Mi $109,648

Peter Deltondo

Marcus & Millichap

Contact

Lease Highlights

Zaxby’s to sign a brand-new 25-year lease with 4 (5-year) options to extend upon close of escrow
Lease features 2% annual rent increases throughout the initial term and each option
Absolute NNN | Zero landlord responsibilities
Personal guarantee by DND Groups, Inc. (31 units)

Location Description

Zaxby’s is conveniently positioned along Maumelle Boulevard, the cities primary thoroughfare, seeing over 22,800 vehicles per day. The site benefits from its location within a dense residential area as well as near numerous fulfillment center providing a direct consumer base for the site to draw from. Neighboring national/credit tenants include Kroger, Starbucks, Walgreens, Dollar General,...

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Key Features

Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long 20+ yr lease
Absolute NNN
Annual rent increases
Personal guarantee

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Links

Zaxby's Wikipedia Zaxby's Wikipedia Maumelle, Arkansas Zip Code 72113 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Zaxby's
Guarantor:Franchisee
Company:DND Groups, Inc.
# Units:31
Stock:Private

About Tenant

Zaxby's is a privately held, American chain of fast-casual restaurants offering chicken wings, chicken fingers, sandwiches, salads, and nine signature sauces, including their famous “Zax”...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	5,857	25,957	45,990
2023 Total Population :	5,900	26,212	46,250
2023 Employed Civilian Pop :	2,817	13,680	24,903
2023 Total Businesses :	282	798	1,696
2023 Average Household Income :	$ 103,459	$ 108,010	$ 116,720
2023 Total Consumer Spending :	$ 236 M	$ 1063 M	$ 1991 M
2023 Median Age :	39	38	40
2023 Total Households :	2,629	11,415	19,910
2023 Pop Age 25+: Bachelor's Degree :	820	4,083	8,412
2023 Average Home Value :	$ 268,961	$ 275,042	$ 310,721

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Carnahan Drive	Club Manor Dr	2021	3,000	0.03 mi
AR 100	Carnahan Dr	2021	21,000	0.09 mi
Maumelle Blvd	Audubon Dr	2017	23,000	0.15 mi
Carnahan Drive	Maumelle Blvd	2021	6,800	0.18 mi
Millwood Circle	Valencia Dr	2021	5,000	0.21 mi
AR 100	Millwood Cir	2021	15,000	0.32 mi
Millwood Cir	Blue Mountain Dr	2009	1,134	0.43 mi
Odom Boulevard South	Club Manor Dr	2021	12,000	0.59 mi
Maumelle Blvd	Commercial PkDr	2017	16,000	0.60 mi
Arnold Palmer Dr	Weatherwood Ln	2013	1,330	1.11 mi

Listing Broker

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