Zaxby's

209 Marshall Road, Jacksonville, AR 72076

$1,804,511

Cap Rate 6.65%

Updated: 06.06.24 Posted: 11.22.23 Status: Sold

Summary

Price $1,804,511	Built/Renov 2008	Tenant Zaxby's
Cap Rate 6.65%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 3,230	Lease Start 05-01-2024	#Units 31
Price/SF $558.67	Expiration 04-30-2049	Tenant Type Fast Casual/Rest.
NOI $120,000	R. Term 23.12	Ownership Fee Simple
Rent/SF $37.15	Increases 2.0%/1/yrs	Pop 5Mi 50,504
Lot/AC 0.90	Options 4/5yrs/2%	AHHI 5Mi $61,052

Peter Deltondo

Marcus & Millichap

Contact

Lease Highlights

Zaxby’s has been operating in this location for over 15 years
Tenant will be signing a brand new 25-year lease with 4 (5-year) options to extend at the close of escrow
Lease features 2% annual rent increase 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 strategically located along Marshall road with access to 11,200 vehicles per day. The site is conveniently located adjacent to Interstate-67, which boasts over 50,000 vehicles per day and serves as the primary highway connecting Jacksonville to Little Rock. Additionally, the tenant is just one mile away from Little Rock Air Force Base housing population of 13,893 residents providing...

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Key Features

In location for years
Dense retail corridor
Near major nationals
Freeway visibility
Top 100 MSA
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 Jacksonville, Arkansas Zip Code 72076 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 :	5,157	29,619	49,792
2023 Total Population :	5,236	29,828	49,989
2023 Employed Civilian Pop :	2,443	11,539	20,549
2023 Total Businesses :	399	862	1,392
2023 Average Household Income :	$ 56,325	$ 65,637	$ 76,060
2023 Total Consumer Spending :	$ 109 M	$ 669 M	$ 1341 M
2023 Median Age :	38	33	36
2023 Total Households :	2,197	11,657	20,243
2023 Pop Age 25+: Bachelor's Degree :	776	2,859	5,470
2023 Average Home Value :	$ 153,682	$ 184,814	$ 203,555

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Marshall Road	John Hardin Dr	2021	11,000	0.05 mi
John Harden Drive	John Hardin Dr	2021	1,400	0.11 mi
67	Hwy 67	2021	1,500	0.13 mi
67	Hwy 67	2020	1,400	0.13 mi
Main Street	Marshall Rd	2021	11,000	0.23 mi
T P White Drive	Ramada	2021	5,900	0.24 mi
US 67;US 167	T P White Dr	2021	57,000	0.26 mi
67	Braden St	2020	52,000	0.26 mi
US Hwy 67	Ramada St	2016	52,000	0.33 mi
67	Main St	2021	6,800	0.33 mi

Listing Broker

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