Investment Highlights
- New 20-Year Absolute NNN Lease Through 2046. Tenant has executed a new 20-year lease through 2046, providing investors with long-term contractual income. Zero
landlord maintenance obligations subject to lease term.
-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 Absolute NNN Lease. Tenant is responsible for taxes, insurance, expenses, and maintenance.
- Annual Rent Growth. Lease provides 1.6% annual rent increases.
- Kroger-Anchored Retail Node. The property benefits from proximity to a Kroger anchored shopping center and Kroger Fuel Center, along with other neighborhood retail
tenants.
- Strong Traffic Exposure. Traffic counts include approximately 30,000 VPD on C.H. James Parkway, 11,800 VPD on Brownsville Road SW, and 7,000 VPD on Hiram Lithia
Springs Road.
- Atlanta Metro Location. Powder Springs is located in Cobb County within the Atlanta metropolitan region, offering access to a large regional consumer base.