132-205 Bill Wigington Pky - Fast Food FOR SALE


Jasper, GA 30143
$3,165,000 USD
480-221-4221
132-205 Bill Wigington Pky, Jasper, GA for Sale
$3,165,000 USD
Fast Food - FOR SALE
1/9
null | 5.85% Cap Rate

132-205 Bill Wigington Pky
Jasper, GA 30143


HIGHLIGHTS

  • Strong Franchisee Guaranty | Scheduled Rental Increases | Long-Term Lease | Scheduled Remodel in 2028
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Positioned Within Jasper’s Primary Retail Corridor | Adjacent To Highway 515 & 53
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease Group is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Zaxby’s Chicken Fingers & Buffalo Wings investment property located in Jasper, Georgia. The tenant, 1788 Chicken, is a Zaxby’s franchisee operating approximately 75 locations and demonstrating a strong commitment to the site. The lease features over 10 years remaining with 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,165,000 USD

PRICE/SF

$904 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zaxby's | Abs NNN | Drive-Thru Equipped

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C-2

APN/PARCEL ID

041-000-052-003

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.