Zaxby's
Retail | 6.00% CAP | 3,702 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Zaxby's located at 43 Bo James Street, Clayton, GA 30525. The site consists of roughly 3,702 rentable square feet of building space on an estimated 1.06-acre parcel of land. Zaxby's is subject to a 20-year Triple Net (NNN) lease, which commenced 1.1.2022. The current annual rent is $162,033 and has scheduled increases of 2.00% Annually Starting Year 7.
Investment highlights
Long Term Abs NNN Lease – Strong Unit-Level Performance | There are over fifteen (15) years remaining on an original twenty (20) year absolute triple net (NNN) lease with no landlord responsibilities. Reach out to listing agent for unit level performance.
Strong Franchisee Guarantee | The subject investment property's lease is guaranteed by 1788 Chicken Properties with 39 units behind the lease and growing. 1788 Chicken is the largest Zaxby’s franchisee with 75 units across AL, AR, GA, KY, MI, OK, & TN.
Annual Increases | The lease features attractive two percent (2%) annual increases beginning in 2028 and continuing throughout the four (4), Five (5) -year options periods.
Clayton, GA | Clayton is just an hour and thirty minutes from Atlanta and only an hour and fifteen minutes away from Athens, making it the perfect day trip to the mountains.
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