Listed by Atlantic Capital Partners
$4,000,000
Zaxby's | Eustis, FL (Orlando)
Details
APN 221926030500000900
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Net Rentable (SqFt) 4,000
Units 1
Cap Rate 6%
NOI $240,000
Occupancy 100%
Tenancy Single
Brand/Tenant Raising Cane's, Church's Chicken
Lease Type Absolute NNN
Lease Term 21
Lease Expiration 12/31/2045
Remaining Term 19.5
Rent Bumps Yes
Lease Options 4 x 5-year options
Class A
Year Built 2025
Stories 1
Acreage 1.230
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 01/01/2025
Ground Lease No
6% CAP | Proven Sales Coverage - NEW CONSTRUCTION
Investment highlights
STRONG LEASE FUNDAMENTALS
- Absolute NNN Lease with zero landlord obligations
- Long term 20 Year Lease with 4 x 5 Year option periods remaining
- 1.5% Increases annually in initial term and in options
NEW DEVELOPMENT IN HIGH TRAFFICKED CORRIDOR
- Site is located on US Hwy 441 (44K VPD), which is the primary retail corridor through Eustis, FL
- The site benefits from strong visibility and exposure to thousands of vehicles daily, driving consistent consumer traffic
ORLANDO, FL MSA TAILWINDS
- Strategic Positioning within the Orlando MSA
- Metro population surpasses 2.7M residents
- Among the fastestgrowing metros in the U.S.
- Driven by in-migration, diverse employment, and 75M+ annual visitors
- Strong demand drivers for retail & QSR performance
HIGH PERFORMING LOCATION IN DENSE RETAIL NODE
- Top line revenue for this location is over $3.60M (~50% than national Zaxby’s AUV)
- Within a 1-mile radius of the site is more than 1.4M SF of retail space
- Nearby national retailers include: Publix Supermarket, Kohls, Tractor Supply Co., Hobby Lobby, TJ Maxx, and more
EXPERIENCED MULTI-UNIT FRANCHISEE GUARANTEE
- The guarantor operates 22+ (4 currently under development) Zaxby’s locations across the region, as well as 3 HipBurger locations
- Total System wide sales eclipsed $75M
- Their scale provides added financial security for investors
PRO-BUSINESS CLIMATE WITH ZERO STATE INCOME TAX
- Florida is one of only 9 states with no state income tax, attracting over 1,200 new residents per day
- Consistently ranked a Top 5 state for business climate by Chief Executive Magazine
- Orlando MSA has added more than 500,000 residents in the past decade
- Probusiness policies and rapid in-migration create sustained demand for retail and QSR growth
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$240,000.00
$20,000.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
GC CommercialGeneral CommercialGeneral Commercial
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View all 68 uses Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics
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