13460 Bent Grass Ln
Fishers, IN 46038
Zaxby's · Retail Property For Sale

Marcus & Millichap is pleased to exclusively present the fee simple interest in this single-tenant net leased Zaxby’s located in Fishers, Indiana. Zaxby’s was just built in 2015, is comprised of 3,652 square feet and sits on a large +/- 1.2 acre parcel in the most affluent and fastest growing county in Indiana. Fishers was ranked by Money Magazine as the 12th best place to live in the nation. Fisher’s strong economy, home prices and quality of education were listed as factors for its high ranking. Additionally, the population in Hamilton County has grown by 103% and doubled since 2000. Zaxby’s lessee signed a 20 year Absolute Triple Net lease in May of 2016, in which the landlord has zero management responsibilities. There are rare annual rent adjustments throughout the entirety of the lease. The Zaxby’s lease is personally guaranteed by LRG Fishers LLC, an experienced multi unit franchisee which is also a successful Wendy’s operator. Zaxby’s Chicken Fingers and Buffalo Wings is strategically located with excellent visibility and easy ingress from S.R. 37, where the traffic count boasts 35,402 cars per day. State Road 37 is a major route in the state of Indiana, running as a four-lane divided highway for 110 miles. Zaxby’s is located in a dense retail trade area that includes Walmart, Target, CVS Pharmacy, Buffalo Wild Wings, Chase Bank, Goodwill and multiple new construction retail centers. Please see aerial. Zaxby’s has grown to more than 800 locations in 16 states and is headquartered in Athens, Georgia. Zaxby’s rose to #8 among Top 10 growth chains, from #10 the preceding year, booking an estimates sales increase of 13% in the latest year. There are 18 locations scheduled to open soon across the South.