3220 NC Hwy 87 S, Sanford, NC 27332-9633 For Sale

Presenting a rare opportunity to acquire a high-performing Zaxby's location on 0.912 acres in Sanford, North Carolina, part of the Raleigh-Durham CSA. This 3,900 SF quick-service restaurant with drive-thru was built in 2014 and operates under an Absolute NNN lease with zero landlord obligations and 2% annual rental increases. The lease expires June 2034 with four 5-year renewal options remaining. The property is backed by a strong franchisee guaranty from an operator who owns multiple Zaxby's locations in North Carolina and ranks as the #2 Zaxby's in a 30-mile radius. The location benefits from year-over-year sales increases and a profitable rent-to-sales ratio.

Strategically positioned as an outparcel to the #2 Walmart in a 30-mile radius with an estimated $93.5 million in annual sales, the property enjoys high visibility on NC Highway 87 with 23,000+/- vehicles per day. Additional nearby national retailers include Chick-fil-A (#3 in 30-mile radius), Lidl, Hobby Lobby, Food Lion, and more. The immediate trade area is experiencing significant growth, surrounded by new residential, commercial, and mixed-use developments including approved subdivisions, apartment communities, and retail projects.

Sanford is a high-growth bedroom community of Raleigh with a 2% annual population growth rate, supported by strong employment from major employers including Pfizer, Caterpillar, Tyson Foods, Coty, and Central Carolina Hospital. The property offers investors a stabilized, institutionally-viable net lease asset in a rapidly growing market with strong demographic fundamentals and minimal landlord responsibilities.