Zaxby's - New 5-Year Extension — Sale in Owasso, OK

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Owasso, OK 74055

Photos

Zaxby's - New 5-Year Extension — Sale in Owasso, OK, photo 1 of 4
Zaxby's - New 5-Year Extension — Sale in Owasso, OK, photo 2 of 4
Zaxby's - New 5-Year Extension — Sale in Owasso, OK, photo 3 of 4
Zaxby's - New 5-Year Extension — Sale in Owasso, OK, photo 4 of 4

Investment Figures

Cap rate
6.51%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

ZAXBYS | 1788 CHICKEN • ZAXBYS IS A NATIONAL BRAND WITH OVER 1,000 LOCATIONS IN 22 STATES • ZAXBYS STORE AVERAGE UNIT VOLUME OF $2,800,000+/- • GOLDMAN SACHS PURCHASED ZAXBYS FOR APPROXIMATELY $2 BILLION IN 2020 • 1788 CHICKEN IS ONE OF THE LARGEST ZAXBYS FRANCHISEES WITH 75+/- LOCATIONS • 1788 CHICKEN OPERATES IN TN, OK, AL, AR, GA, KY, AND MS Investment Highlights: • ABSOLUTE NNN LEASE | NO LANDLORD RESPONSIBILITIES • 10% RENTAL INCREASES EVERY 5 YEARS • TENANT JUST EXERCISED A 5-YEAR EXTENSION OPTION • NATIONAL BRAND EXPANDING ACROSS THE COUNTRY • CORNER LOT AT SIGNALIZED INTERSECTION • TENANT IS A SUBSIDIARY OF ONE OF THE LARGEST ZAXBYS FRANCHISEES

Market Context

This food service in Owasso, OK is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing food service assets. Compare it against other food service listings for sale in Owasso, OK — view the full market.

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