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Zaxby's | Abs NNN | Drive-Thru Equipped 132-205 Bill Wigington Pky 3,501 SF Retail Building Jasper, GA 30143 $3,165,000 ($904.03/SF) 5.85% Cap Rate
Investment Highlights
- Strong Franchisee Guaranty | Scheduled Rental Increases | Long-Term Lease | Scheduled Remodel in 2028
- Positioned Within Jasper’s Primary Retail Corridor | Adjacent To Highway 515 & 53
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Zaxby’s Chicken Fingers & Buffalo Wings investment property located in Jasper, Georgia. The tenant, 1788 Chicken, is a Zaxby’s franchisee operating approximately 75 locations and demonstrating a strong commitment to the site. The lease features over 10 years remaining with 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,501 SF
Building Class
C
Year Built
2005
Price
$3,165,000
Price Per SF
$904.03
Cap Rate
5.85%
NOI
$185,130
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
C-2 - General Commercial
Parking
50 Spaces (14.28 Spaces per 1,000 SF Leased)
Frontage
385’ on Camp Rd
Amenities
- Signage
- Drive Thru
- Monument Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 041-000-052-003 | Improvements Assessment | $248,761 |
| Land Assessment | $210,000 | Total Assessment | $458,761 |
Property Taxes
Parcel Number
041-000-052-003
Land Assessment
$210,000
Improvements Assessment
$248,761
Total Assessment
$458,761
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Zaxby's | Abs NNN | Drive-Thru Equipped | 132-205 Bill Wigington Pky
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