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30878035
30878034

306 Bancario Rd, Marion, AR 72364

KG
CA CA 01861385
SURMOUNT
JH
CA 02203197
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT
$2,898,216
91 days on market
Updated 91 days ago

Zaxby's

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,258
Cap Rate 6%
NOI $173,893
Occupancy 100%
Tenancy Single
Brand/Tenant Zaxby's
Lease Type NNN
Lease Term 20.1
Lease Expiration 01/31/2042
Remaining Term 15.7
Price per SqFt $890
Year Built 2006
Acreage 1.070
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 01/15/2022
Ownership Fee Simple

Retail | 6.00% CAP | 3,258 SqFt

Marketing description

Surmount is pleased to present the exclusive listing for a Zaxby's located at 306 Bancario Road, Marion, AR 72364. The site consists of roughly 3,258 rentable square feet of building space on an estimated 1.07-acre parcel of land. Zaxby's is subject to a 20-year Triple Net (NNN) lease, which commenced 1/15/2022. The current annual rent is $173,893 and has scheduled increases of 2.00% Annually Starting Year 7.

Investment highlights

  • Long-Term Net Lease | 20-year NNN lease commenced 1/15/2022, providing stable long-term income with limited landlord responsibilities.

  • Built-In Rent Growth | Lease features 2.00% annual rent increases beginning in year seven, creating steady long-term income growth.

  • Established National QSR Tenant | Zaxby’s is a recognized fast-casual chicken brand with hundreds of locations and strong regional brand loyalty.

  • Strategic Highway Retail Location | Positioned along US Hwy 64 (12,700 VPD) within a retail corridor surrounded by national restaurants and service retailers.

Listing Contacts

KG
CA CA 01861385
SURMOUNT
JH
CA 02203197
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
CM
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$173,893.00
$14,491.08/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Brian Brockman
License
PB00082359
Brokerage
Bang Realty, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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