• Long-term, passive investment | New, 20-year, absolute NNN lease with zero Landlord responsibilities
• Lease is backed by Guernsey Holdings ZRC Opco, LLC which currently has 20 locations open and operating
– High net-worth guarantee | Speak with Agent for details
• Strong sales and healthy rent-to-sales ratio | Speak with Agent for details
– ±25% above-average in sales for a Zaxby’s
• Tenant plans on undergoing a large-scale exterior remodel within the next 24 months | Speak with Agent for details
• Strong hedge against inflation | Lesser of 10% or CPI increases every 5 years throughout the initial term and options | 7.25% Avg CAP
(assuming purchase at List Price) with ±$5.7MM in guaranteed income over the base term
• Site is outparceled to a Walmart Supercenter-anchored shopping center | Other tenants include Sally Beauty, McDonald’s, Jersey Mike’s,
Pizza Hut, Dollar Tree, Wendy’s, among others
• Great visibility from South 4th St which sees ±14,000 VPD
• Subject Property is walking distance to:
– Hartsville Mall | Anchored by Belk and Rose’s Discount Store
– Lowe’s, Piggly Wiggly, Big Lots, Starbucks, Burger King, Fresenius, Dunkin’, KFC, NAPA Auto Parts, Harbor Freight Tools, Goodwill, Dollar
General, Advance Auto Parts, O’Reilly Auto Parts, Shoney’s, among others
• Zaxby’s is one of the largest QSR chains in the country with 950+ locations across 17 states | Has agreements for 35+ new locations in 2024
–Ranked #38 on Technomic’s Top 500 Chain Restaurant Report
–Ranked #45 on Franchise Times Top 400 QSRs in 2023, an increase from #62 in 2022
–AUV of $2.66MM+ according to Franchise Times
–Ranked #133 on Entrepreneur’s Franchise 500, an increase from #298 in 2023 | Has been ranked as a top franchise each year since 2013
–Experienced a 9.1% YoY sales growth in 2023
–“The Official Chicken of Sports Fanz” and has collective intellectual property rights at nearly 30 Division-I colleges through a deal with their football and basketball teams
–$2.4B in system-wide sales in 2022, a ±10% growth year-over-year