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Zaxby's Corporate - 20 Yr Abs NNN IN-3 & N Lincoln St 1,969 SF Retail Building Greensburg, IN 47240 $3,666,000 ($1,861.86/SF) 6% Cap Rate
Investment Highlights
- Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
- Zaxby's is a Fast-Growing National QSR Chain with ±1,000 Locations in 17 States
- Easy Freeway Access, Situated Immediately Off Interstate 74, Providing a Direct Route to Indianapolis and Cincinnati
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Excellent Frontage Along IN-3, a Major Regional Thoroughfare
- Located in Greensburg's Primary Retail Corridor, Anchored by Walmart, Rural King, Harbor Freight, and ALDI
Executive Summary
Zaxby's is a chicken finger franchise founded in 1990 in Statesboro, Georgia. Along with their delicious chicken fingers, Zaxby's menu includes salads, wings, sandwiches, and signature sauces, made with Southern hospitality and a modern twist.
Greensburg is a city in, and the county seat of, Decatur County, Indiana. The population was over 12,300 people at the time of the 2020 Census. Greensburg is a growing, thriving community in southeast Indiana, conveniently situated midway between Indianapolis and Cincinnati.
Greensburg is a city in, and the county seat of, Decatur County, Indiana. The population was over 12,300 people at the time of the 2020 Census. Greensburg is a growing, thriving community in southeast Indiana, conveniently situated midway between Indianapolis and Cincinnati.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,969 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$3,666,000
Price Per SF
$1,861.86
Cap Rate
6%
NOI
$220,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.20 AC
Amenities
- Restaurant
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Zaxby's
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Zaxby's | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-06-36-320-049.010-016 | Improvements Assessment | $0 |
| Land Assessment | $264,300 | Total Assessment | $264,300 |
Property Taxes
Parcel Number
16-06-36-320-049.010-016
Land Assessment
$264,300
Improvements Assessment
$0
Total Assessment
$264,300
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Zaxby's Corporate - 20 Yr Abs NNN | IN-3 & N Lincoln St
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