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Zaxby's 306 Bancario Rd 3,258 SF Retail Building Marion, AR 72364 $2,898,216 ($889.57/SF) 6% Cap Rate
Investment Highlights
- Long-Term Net Lease
- Established National QSR Tenant
- Built-In Rent Growth
- Strategic Highway Retail Location
Executive Summary
Surmount is pleased to present the exclusive listing for a Zaxby's located at 306 Bancario Road, Marion, AR 72364. The site consists of roughly 3,258 rentable square feet of building space on an estimated 1.07-acre parcel of land. Zaxby's is subject to a 20-year Triple Net (NNN) lease, which commenced 1/15/2022. The current annual rent is $173,893 and has scheduled increases of 2.00% Annually Starting Year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,258 SF
Building Class
C
Year Built
2006
Price
$2,898,216
Price Per SF
$889.57
Cap Rate
6%
NOI
$173,893
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.07 AC
Frontage
95’ on Us-64 Hwy
Amenities
- Freeway Visibility
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 222-200800-100 | Improvements Assessment | $170,783 |
| Land Assessment | $71,653 | Total Assessment | $242,436 |
Property Taxes
Parcel Number
222-200800-100
Land Assessment
$71,653
Improvements Assessment
$170,783
Total Assessment
$242,436
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Zaxby's | 306 Bancario Rd
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