Zaxby's | Sale-leaseback | Income Tax-Free State
New 25-Year Absolute NNN Lease | Income Tax Free State
Marketing description
CBRE is pleased to present the exclusive listing for the Zaxby’s located at 10560 SE US Hwy 441 in Belleview, FL. The site consists of 3,883 total square feet of building space and sits on 1.14 acres of land. The site will be subject to a 25 year sale-leaseback with Zaxby’s longest standing operator – Swamp Dawg Restaurant Management Group. Starting in year one, the base rent shall be $222,825. The lease will call for 8.00% rental escalations every 5 years during the base term and throughout the four, five-year renewal option periods (45 year total term). Positioned along one of Central Florida’s busiest commuter corridors, this property offers unmatched visibility and access on US- 441, the primary north–south artery connecting Ocala and The Villages.
The site benefits from strong daily traffic counts, established national co-tenancy, and a growing residential base that blends family households with high-spending retirees. With excellent ingress/egress, drive-thru capability, and less retail saturation than nearby Ocala, this location is primed for fast-casual dining, daily-needs retail, and service based operators seeking to capture both loyal local customers and steady regional pass-through demand.
Investment highlights
• Brand new 25 year lease with Zaxby’s
• Longest standing Zaxby’s operator – Swamp Dawg Restaurant Management Group
• Absolute NNN Lease - No landlord management obligations
• Fixed rental increases throughout the entire lease
• Extremely well located on US-441, the primary north-south
arterial connecting Ocala to The Villages
• Excellent visibility and access
• Florida has NO STATE INCOME TAX
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?





