The offering is a ±3,159 SF freestanding Zaxby's restaurant with a drive-thru on a 1.06-acre (46,123 SF) pad — Lot 1 of the Edmondson Crossing center, Parcel 161 00 0 278.00 — with 41 parking spaces. The building was constructed in 2001 and renovated for Zaxby's in 2015–16. It is leased on an absolute-NNN basis at $229,900 per year ($19,158/month) — a 6.96% cap at the $3,300,000 guidance. Because the tenant pays all taxes, insurance and maintenance, including roof and structure, in-place rent equals NOI. Contractual rent steps to $252,890 in 2031, a 7.66% cap at guidance. The site holds the signalized hard corner of Old Hickory Boulevard (35,030 VPD) and Edmondson Pike, an outparcel to a Kroger-anchored center among Walmart Neighborhood Market, Publix and Walgreens, roughly 11 miles south of downtown Nashville — in Tennessee, a state with no personal income tax.