Marathon Property Group, LLC
Listed by Marathon Property Group, LLC
$2,500,000
Zaxby's Atlanta MSA - New 20 Year NNN Lease
Details
Property Type Retail
Sub Type Restaurant, QSR/Fast Food
Square Footage 3,724
Units 1
Cap Rate 6%
NOI $150,000
Tenancy Single
Brand/Tenant Zaxby's
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 06/14/2046
Remaining Term 19.9
Rent Bumps Yes
Lease Options Four 5-year Options
Price per SqFt $671
Year Built 2003
Buildings 1
Acreage 1.740
Parking Spaces 47 spaces
Parking per 1,000 SqFt 12.62
Investment Type Net Lease
Lease Commencement 06/15/2026
Ground Lease No
New 20 Year Absolute NNN Lease
Marketing description
Zaxby’s at 3160 Acworth Forest Drive NW, Kennesaw, GA 30144 presents an exceptional net-leased investment opportunity in the Atlanta MSA. This established single-tenant QSR property has operated as a Zaxby’s for more than 20 years and is secured by a new 20-year absolute NNN lease through June 2046, offering truly passive ownership with zero landlord maintenance responsibilities.
Positioned on 1.74 acres with a 3,724 SF freestanding building and 47 parking spaces, the property benefits from strong visibility and traffic counts near Acworth Due West Road, Park Forest Drive, and Hampreston Way. Investors will also benefit from built-in 1.6% annual rent increases, creating attractive long-term income growth.
Located in a Walmart-anchored retail corridor near North Cobb High School, Aldi, Lowe’s, and surrounding residential communities, the site draws from a dense and affluent customer base within Cobb County. The area features strong household incomes, steady growth, and excellent commuter access within the greater Atlanta metro.
Backed by one of the most recognized chicken QSR brands in the country, this offering combines durable real estate, established operations, and long-term contractual cash flow in a high-demand suburban market.
Investment highlights
- New 20-Year Absolute NNN Lease Through 2046. Tenant has extended the lease through 2046, providing investors with long-term contractual income. Zero landlord maintenance obligations.
- Recognized National Chicken Brand. Zaxby's is a well-known fast-casual chicken restaurant brand with a large national footprint and franchise-driven operating model. The chain has 950+ locations.
- Established Restaurant Location. The site has operated as a Zaxby's for more than 20 years, supporting customer familiarity and continuity of use.
- Passive NNN Lease. Tenant is responsible for taxes, insurance, expenses, and maintenance.
- Annual Rent Growth. Lease provides 1.6% annual rent increases.
- Walmart-Anchored Retail Node. The property benefits from proximity to a Walmart Supercenter and North Cobb High School, along with other neighborhood retail tenants.
- Strong Traffic Exposure. Traffic counts include approximately 31,000 VPD on Park Forest Dr NW E, 33,000 VPD on Acworth Due West Rd W, and 12,000 VPD on Hampreston Way NW SE.
- Atlanta Metro Location. Kennesaw is located in Cobb County within the Atlanta metropolitan region, offering access to a large regional consumer base.
Listing Contacts
Marathon Property Group, LLC
Listed by Marathon Property Group, LLC
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$150,000.00
$12,500.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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