Zaxby's 1601 Highway 72 W 4,413 SF 100% Leased Retail Building Corinth, MS 38834 $3,276,188 CAD ($742.39 CAD/SF) 6.25% Cap Rate

Marcus & Millichap is pleased to present the opportunity to acquire the 4,413-square-foot, single-tenant, net-leased Zaxby’s restaurant located at 1601 Highway 72 East in Corinth, Mississippi. The property sits on an oversized, 1.75-acre parcel positioned at a signalized intersection, providing excellent visibility, strong traffic exposure, and convenient access along Highway 72, one of the city’s primary commercial corridors where traffic counts exceed 23,000
vehicles per day.
The restaurant is operated by Guernsey Holdings ZRC OpCoLLC. Guernsey is a private holding company that currently operates 43 Zaxby’s and 133 Sonic units. The original lease commenced May 24, 2016, and is scheduled to expire October 6, 2034, providing over eight years of remaining lease term, with one 10-year renewal option extending the lease through October 6, 2044. Additionally, the lease provides annual base rent increases of one percent per year. Current annual rent for 2026 is $149,393.65. The lease is structured as a net lease with no landlord responsibilities.
Zaxby’s is a well-recognized quick-service restaurant brand with a strong presence throughout the Southeastern United States and a loyal customer base. Zaxby’s operates over 950 locations across 17 states. Backed by an experienced operator, the offering presents investors with a stable net-leased asset that features predictable
rent growth in a busy regional retail hub within Alcorn County.