3405 Dallas Hwy SW - Restaurant FOR SALE


Marietta, GA 30064
$3,569,000 USD
404-441-3849
3405 Dallas Hwy SW, Marietta, GA for Sale
$3,569,000 USD
Restaurant - FOR SALE
1/6
null | 6% Cap Rate

3405 Dallas Hwy SW
Marietta, GA 30064


HIGHLIGHTS

  • #1 Largest Franchisee in the Zaxbys System (32 Units)
  • Brand New 20-Year Absolute NNN Lease | 10% Rent Increases Every 5 Years & in the Four, 5-Year Renewal Options
  • Proven Location | Healthy Rent-To-Sales Ratio | Sales Above AUV
  • High Traffic Corridor | Signalized Intersection of Bob Cox Road & Dallas Highway (38,100 VPD) | 1.5 Miles West of Ernest W. Barrett Pkwy (29,000 VPD)
  • Outparcel to Village at Old Trace (40,985 VPD) | Pet Supermarket, Leslie's, The Honey Baked Ham Company, Warrior Pride Fitness, Twisted Cycle, etc.
  • 21 Miles Northwest of Atlanta | Atlanta MSA Advantage (MSA Population: 6.39M+)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 3,884-square-foot Zaxbys positioned on 0.49 acres in Marietta, Georgia—part of the larger Atlanta-Sandy Springs-Roswell, GA MSA (Population: 6.39M+). Operating since 2014, Zaxbys’ brand new absolute NNN lease features 20 years of primary term with a 10% rent increase every 5 years throughout the initial term and in each of its four, 5-year renewal options. The lease also boasts a guaranty from 1788 Chicken, LLC—the largest franchisee in the Zaxbys system with 32 units. Operating since 2014, this Zaxbys location is a strong performer with a healthy rent-to-sales ratio and sales above AUV.

FOR SALE DETAILS

PRICE

$3,569,000 USD

PRICE/SF

$626 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Zaxbys

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

-

APN/PARCEL ID

20-0332-0-173-0

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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