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3160 Acworth Forest Dr
Kennesaw, GA 30144
Zaxby's Kennesaw - 20 year Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- New 20-year absolute NNN lease with limited landlord responsibilities and scheduled 5-year rent increases
- Strong Kennesaw retail location near Walmart, North Cobb High School, residential neighborhoods, and daily-needs traffic drivers
- Established single-tenant Zaxby’s location with drive-thru, parking, signage, and long operating history
Executive Summary
Single-tenant Zaxby’s investment opportunity located in Kennesaw, Georgia. The property is leased to Guernsey Holdings ZRC OpCo LLC under a new 20-year absolute NNN lease commencing June 15, 2026, with four 5-year renewal options and scheduled rent increases every five years. Initial annual rent is $150,000, providing a 6.00% cap rate at the $2,500,000 asking price.
The property is an established QSR location with existing restaurant infrastructure, drive-thru operations, parking, signage, and long-term operational history. The site benefits from proximity to Walmart, North Cobb High School, surrounding residential neighborhoods, and daily-needs retail traffic. The lease structure provides passive ownership characteristics, with the tenant responsible for taxes, insurance, maintenance, and repairs.
Building size is approximately 3,724 SF building footprint per ALTA survey. This is a single-tenant net lease offering with long-term contractual income, scheduled rental growth, and limited landlord responsibilities.
The property is an established QSR location with existing restaurant infrastructure, drive-thru operations, parking, signage, and long-term operational history. The site benefits from proximity to Walmart, North Cobb High School, surrounding residential neighborhoods, and daily-needs retail traffic. The lease structure provides passive ownership characteristics, with the tenant responsible for taxes, insurance, maintenance, and repairs.
Building size is approximately 3,724 SF building footprint per ALTA survey. This is a single-tenant net lease offering with long-term contractual income, scheduled rental growth, and limited landlord responsibilities.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,724 SF
Building Class
C
Year Built
2003
Price
$3,517,500 CAD
Price Per SF
$944.55 CAD
Cap Rate
6%
NOI
$211,050 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.74 AC
Zoning
C2
Parking
47 Spaces (12.62 Spaces per 1,000 SF Leased)
Frontage
249’ on Acworth Forest Dr
Amenities
- Bus Line
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 20-0124-0-114-0 | Improvements Assessment | $251,797 CAD |
| Land Assessment | $693,319 CAD | Total Assessment | $945,116 CAD |
Property Taxes
Parcel Number
20-0124-0-114-0
Land Assessment
$693,319 CAD
Improvements Assessment
$251,797 CAD
Total Assessment
$945,116 CAD
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