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Zaxby’s 354 Kimball Crossing Dr 3,248 SF Retail Building Kimball, TN 37347 $2,960,000 ($911.33/SF) 6.25% Cap Rate



Investment Highlights
- Long-Term Absolute NNN Lease: Brand new 20-year absolute NNN lease providing passive income and ownership.
- Retail Corridor Synergy: Strategically positioned near a strong mix of national and regional retailers.
- Growing Kimball Submarket: Located in Kimball within the Chattanooga MSA, the property benefits from expanding population trends.
- Experienced Operator: The subject property is operated by 1796 Chicken, LLC, who owns and operates 22 locations and continues to grow its portfolio.
- Strong Demographics: The asset is supported by a 5-mile population of approximately 23,686, with trailing 5-year population growth of 1.5%.
- Established National Tenant: Zaxby’s is a recognized QSR operator with 950+ locations across 17+ states.
Executive Summary
Hutt Cooke
License # 263667, 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 263667, 356505 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,248 SF
Building Class
C
Year Built
2024
Price
$2,960,000
Price Per SF
$911.33
Cap Rate
6.25%
NOI
$185,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.97 AC
Opportunity Zone
Yes
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 133F-C-016.00 | Improvements Assessment | $0 |
| Land Assessment | $205,360 | Total Assessment | $205,360 |
Property Taxes
Parcel Number
133F-C-016.00
Land Assessment
$205,360
Improvements Assessment
$0
Total Assessment
$205,360
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Zaxby’s | 354 Kimball Crossing Dr
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