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30876132
30876131

6027 U.S. Hwy 17-92 N, Davenport, FL 33896 For Sale

BE
BK3281771
RMC Property Group
Listed by RMC Property Group
$2,200,000
133 days on market
Updated 40 days ago

Zaxby's

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,290
Units 1
Cap Rate 5.00%
Occupancy 100%
Tenancy Single
Brand/Tenant Zaxby's
Lease Type NNN
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 2026
Buildings 1
Stories 1
Acreage 1.340
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ownership Corporate

5.00% CAP | Zaxby's Publix Outparcel | Davenport, FL

Marketing description

RMC is pleased to present this free-standing Zaxby’s located in Davenport, Florida. This triple net investment features an initial twenty (20)-year ground lease that is guaranteed by Corporate and requires absolutely zero landlord responsibility for operating and capital expenses. The twenty (20)-year lease includes a ten percent (10.0%) rent increase every five (5) years commencing in year six (6). The lease term includes four (4) x five (5) year option periods. Zaxby’s is situated on a 1.34 acre outparcel to Loughman Crossing, a 74,600 SF Publix anchored shopping center located at the NEC of Ronald Reagan Pkwy and 17-92 which is a signalized intersection. Other retailers in the surrounding area include, and not limited to, 7-11, Burger King, Dunkin, Heartland Dental, and O’Reilly Auto Parts.

Investment highlights

  • Absolute NNN Ground Lease features zero landlord responsibility

  • Brand new, scheduled to open May 2026

  • Rent escalation of ten percent (10.0%) every five (5) years starting in year six (6)

  • Signalized intersection, Outparcel to a Publix anchored shopping center

  • Zaxby’s operates over 950 locations

  • Corporate owned and operated unit

Listing Contacts

BE
BK3281771
RMC Property Group
Listed by RMC Property Group

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