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33473035
33473036

2953 Balls Lane, Zanesville, OH 43701

GL
CA 02069301
SRS Real Estate Partners San Diego
RD
CA 02082187
SRS National Net Lease Group
CK
CA CA License No. 00947314, NV NV License No. S.0174447 (+1)
SRS National Net Lease Group
Listed by SRS Real Estate Partners San Diego, SRS National Net Lease Group
$3,748,188
1 day on market
Updated 1 day ago

Bojangles | Zanesville, OH

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 2,880
Cap Rate 5.85%
NOI $219,269
Occupancy 100%
Tenancy Single
Brand/Tenant Chick-fil-A, Popeyes (+2)
Lease Type Absolute NNN
Lease Expiration 05/01/2041
Remaining Term 14.9
Rent Bumps Yes
Price per SqFt $1,301
Year Built 2025
Acreage 0.950
Ground Lease No

Out Parcel to Top Performing Walmart | Genesis Hospital (600,000+ annual patients)

Investment highlights

New 16-Year Lease | Options To Extend | Scheduled Rent Increases

  • The tenant recently signed a brand-new 16-year lease that commenced in May, 2025 featuring 3 additional 5-year renewal options, demonstrating long-term commitment to the site
  • Scheduled rent increases throughout the primary term and renewal options enhance long-term NOI growth and provide a built-in hedge against inflation

2025 Construction | Absolute NNN Lease

  • Constructed in 2025 with modern design, materials, and systems, the property offers contemporary aesthetics and operational efficiency consistent with today’s retail development standards

Strong National Brand & Largest Franchisee Operator in Bojangles’ System

  • Bojangles was founded in 1977 and has since expanded to ~800 locations in 17 states
  • The franchisee operator, BOJ of WNC LLC, owns and operates 125 restaurants in Ohio, North Carolina, South Carolina, Tennessee, Georgia and Kentucky, and is the largest franchisee in the system
  • Sales at all of BOJ of WNC’s Ohio stores (including Zanesville) are up double digit % year over year
  • Ranked #31 on QSR Magazine’s 2025 release of its top 50 restaurants based on US system-wide sales, and #7 in the Chicken category

Situated In Front of Top Performing Walmart Supercenter | Across Street from Genesis HealthCare System | 1 Mile South of Colony Square Mall

  • Located directly in front of a top performing Walmart Supercenter, ranked 7th out of 141 locations in Ohio with 2.93M annual visits, and in the 87th percentile nationwide
  • Across Maple Avenue from Genesis HealthCare System, the largest healthcare provider in a six-county region of southeastern Ohio, with over 300 physicians, 247 patient-beds, and 600,000+ annual patient visits across various departments. Estimated to have over 1,000,000 total annual visitors.
  • 1 mile south of Colony Square Mall, a 610,000 square foot super-regional shopping mall anchored by JCPenney, Dunham’s Sports, Planet Fitness, TJ Maxx, Five Below, American Eagle and Cinemark Theatres

Excellent Frontage, Visibility & Access

  • Strategic proximity to Maple Avenue (Highway 60) with over over 25,000 cars passing the site every day
  • Outstanding visibility and access in one of Zanesville’s most heavily trafficked retail corridors

Proximity To Community Anchors

  • 1.5 miles north of Zanesville High School (~653 students) and 2.5 miles northeast of Ohio University Zanesville (~2,097 students)
  • Strong access to local schools and community institutions supports repeat visits and reliable day-to-day traffic

Listing Contacts

GL
CA 02069301
SRS Real Estate Partners San Diego
RD
CA 02082187
SRS National Net Lease Group
CK
CA CA License No. 00947314, NV NV License No. S.0174447 (+1)
SRS National Net Lease Group
Listed by SRS Real Estate Partners San Diego, SRS National Net Lease Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$219,269.00
$18,272.42/mo

Valuation Metrics

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DSCR
5.85%
Cap Rate
5.85%
ROI

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