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4815 Highway 58
Chattanooga, TN 37416
Zaxby's · Retail Property For Sale


Investment Highlights
- No State Income Tax
- Strong Franchisee Guarantee
- Strong Unit Level Financials
Executive Summary
Surmount is pleased to present the exclusive listing for a Zaxby's located at 4815 Tennessee 58, Chattanooga, TN 37416. The site consists of roughly 3,864 rentable square feet of building space on an estimated .96-acre parcel of land. Zaxby's is subject to a 20-year lease, which commenced 2/1/2022. The current annual rent is $173,893 and has scheduled increases of 2.00% Annually Starting 2/1/2028.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,864 SF
Building Class
B
Year Built
2009
Price
$2,898,217
Price Per SF
$750.06
Cap Rate
6%
NOI
$173,893
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.96 AC
Zoning
C-2
Frontage
169’ on Tn-58 Hwy
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 129B-C-007.02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $763,720 |
Property Taxes
Parcel Number
129B-C-007.02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$763,720
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