Investment Highlights
- New, 20-Year Triple Net (NNN) Lease
- Four, Five-Year Renewal Options with Eight Percent Rental Increases Every Five Years Throughout Base Term and Option Periods
- Brand New Construction; Scheduled to Open April 2019
- Franchisee is a Multi-Unit Zaxby’s Operator | the Company Operates Six Locations and has Several Locations Under Development
- Located Directly off Interstate 75 Which has a Daily Traffic Count of More Than 50,000 Vehicles
- Surrounding National Brands Include Winn Dixie, Dollar General, Advance Auto Parts, Hampton Inn, Holiday Inn, Days Inn, McDonald’s, Burger King and Many More
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a brand new Zaxby’s located in Brooksville, Florida. Zaxby’s is currently under construction and is scheduled to open April 2019. This location offers a new 20-year, triple net (NNN) lease. There are four, five-year renewal options with eight percent rental increases every five years throughout the base term and option periods.
This location is owned and operated by Swamp Dawg, LLC, which is a multi-unit Zaxby’s franchisee. Swamp Dawg, LLC operates six locations and has several locations under development.
The subject property is located directly off Interstate 75 which has a daily traffic count of more than 50,000 vehicles. Surrounding national brands include Winn Dixie, Dollar General, Advance Auto Parts, Hampton Inn, Holiday Inn, Days Inn, McDonalds, Burger King and many more.
