7643 E Brainerd Rd - Fast Food FOR SALE


Chattanooga, TN 37421- Hickory Valley-Hamilton Place
$2,898,217 USD
516-477-7026
7643 E Brainerd Rd, Chattanooga, TN for Sale
$2,898,217 USD
Fast Food - FOR SALE
1/2
null | 6% Cap Rate

7643 E Brainerd Rd
Chattanooga, TN 37421
Hickory Valley-Hamilton Place


HIGHLIGHTS

  • No State Income Tax
  • Strong Unit Level Financials
  • Strong Franchisee Guarantee

OVERVIEW

Surmount is pleased to present the exclusive listing for a Zaxby's located at 7643 East Brainerd Road, Chattanooga, TN 37421. The site consists of roughly 3,574 rentable square feet of building space on an estimated 1.03-acre parcel of land. Zaxby's is subject to a 20-year Triple Net (NNN) lease, which commenced 2/1/2022. The current annual rent is $173,983 and has scheduled increases of 2.00% Annually Starting 2/1/2028.

FOR SALE DETAILS

PRICE

$2,898,217 USD

PRICE/SF

$811 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zaxby's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C

APN/PARCEL ID

159I-A-016.01

ASK ABOUT THIS PROPERTY

James WesterbergSurmountMore Info
516-477-7026

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James WesterbergSurmountMore Info
516-477-7026

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