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32007201
32007198

2129 North Middle Drive, Greensburg, IN 47240

MR
AZ SA550593000
Marcus & Millichap - Phoenix
CL
AZ SA627823000
Marcus & Millichap - Phoenix
ZH
OH AZ, OH CO000422000
Marcus & Millichap - Columbus
Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus
$3,400,900
65 days on market
Updated 65 days ago

Zaxby's Corporate - 20 Yr Abs NNN

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,969
Cap Rate 6.25%
NOI $212,558
Occupancy 100%
Tenancy Single
Brand/Tenant Zaxby's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 01/31/2046
Remaining Term 20
Rent Bumps Yes
Lease Options 4, 5 Year Options
Year Built 2025
Acreage 1.180
Investment Type Net Lease
Lease Commencement 01/29/2026
Ground Lease No

2025 Construction | 6.25% CAP

Marketing description

  • Brand New 20-Year Absolute Triple-Net (NNN) Lease - New 2025 Construction
  • Ten Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Zaxby's is a Fast-Growing National QSR Chain with Approximately 1,000 Locations in 17 States
  • Excellent Frontage Along IN-3, a Major Regional Thoroughfare
  • Easy Freeway Access, Situated Immediately Off Interstate 74, Providing a Direct Route to Indianapolis and Cincinnati

Investment highlights

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.

Listing Contacts

MR
AZ SA550593000
Marcus & Millichap - Phoenix
CL
AZ SA627823000
Marcus & Millichap - Phoenix
ZH
OH AZ, OH CO000422000
Marcus & Millichap - Columbus
Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$212,558.00
$17,713.17/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

Map

Zoning

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I1 IndustrialLight IndustrialLight Industrial District
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Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Julia Evinger
License
RB14040143
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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