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Zaxby's 4815 Highway 58 3,864 SF Retail Building Chattanooga, TN 37416 $3,981,339 CAD ($1,030.37 CAD/SF) 6% Cap Rate
Investment Highlights
- No State Income Tax
- Strong Franchisee Guarantee
- Strong Unit Level Financials
Executive Summary
Surmount is pleased to present the exclusive listing for a Zaxby's located at 4815 Tennessee 58, Chattanooga, TN 37416. The site consists of roughly 3,864 rentable square feet of building space on an estimated .96-acre parcel of land. Zaxby's is subject to a 20-year lease, which commenced 2/1/2022. The current annual rent is $173,893 and has scheduled increases of 2.00% Annually Starting 2/1/2028.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,864 SF
Building Class
B
Year Built
2009
Price
$3,981,339 CAD
Price Per SF
$1,030.37 CAD
Cap Rate
6%
NOI
$238,880 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.96 AC
Zoning
C-2
Frontage
169’ on Tn-58 Hwy
Amenities
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 129B-C-007.02 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,049,137 CAD |
Property Taxes
Parcel Number
129B-C-007.02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,049,137 CAD
Contacts
-
James
Westerberg
-
Francis
Purritano
-
Tyler
Hardin
-
Glen
Kunofsky
-
Christopher
Marks
-
Brian
Brockman
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Company Not Provided
Zaxby's | 4815 Highway 58
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