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| Price $1,650,000 $2,910,569 | Built/Renov 2017 | Tenant Zaxby's |
| Cap Rate 10.85% 6.15% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
3,552
| Lease Start
05-01-2024
| #Units
31
|
| Price/SF $464.53 $819.42 | Expiration
04-30-2049
| Tenant Type Fast Casual/Rest. |
| NOI $179,000 | R. Term 23.12 | Ownership Fee Simple |
| Rent/SF
$50.39
| Increases 2.0%/1/yrs | Pop 5Mi 140,539 |
| Lot/AC 1.23 | Options 4/5yrs/2% | AHHI 5Mi $90,037 |
| | |
Zaxby's is strategically located near the junction of major Arkansas Highways 430 & 630, with a substantial combined daily traffic count of 114,800 vehicles. Situated within one mile of Baptist Health Medical Center Little Rock, the city's largest hospital, the property enjoys close proximity to several hotels in the vicinity. The property offers excellent road frontage and visibility on Kanis...
...Freeway close
Highway location
Top 100 MSA
Strong demographics
Brand new lease
Long 20+ yr lease
Absolute NNN
Annual rent increases
Personal guarantee
25+ unit franchisee backed
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”...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,904 | 71,161 | 138,588 |
| 2023 Total Population : | 5,923 | 71,192 | 137,506 |
| 2023 Employed Civilian Pop : | 2,930 | 37,065 | 71,523 |
| 2023 Total Businesses : | 1,120 | 3,849 | 6,799 |
| 2023 Average Household Income : | $ 67,837 | $ 91,313 | $ 98,754 |
| 2023 Total Consumer Spending : | $ 163 M | $ 2583 M | $ 5188 M |
| 2023 Median Age : | 39 | 38 | 38 |
| 2023 Total Households : | 2,758 | 32,632 | 60,844 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,013 | 13,982 | 27,701 |
| 2023 Average Home Value : | $ 179,056 | $ 245,794 | $ 290,005 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| I 430 | I- 430 | 2021 | 96,000 | 0.14 mi |
| 2019 | 86,000 | 0.14 mi | ||
| Shackleford West Boulevard | 2019 | 24,000 | 0.16 mi | |
| Shackleford West Boulevard | S Shackleford Rd | 2021 | 23,000 | 0.16 mi |
| I- 430 | Kanis Rd | 2017 | 86,000 | 0.20 mi |
| S Shackleford Rd | Shackleford West Blvd | 2017 | 26,000 | 0.20 mi |
| Kanis Road | Wilson Rd | 2021 | 17,000 | 0.23 mi |
| 430 | Hermitage Rd | 2021 | 7,000 | 0.24 mi |
| 430 | 2020 | 390 | 0.27 mi | |
| 430 | Hermitage Rd | 2021 | 540 | 0.27 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
