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Zaxby's | Publix Outparcel | Davenport, FL 6027 U.S. 17-92 N hwy 2,290 SF Retail Building Davenport, FL 33896 $2,989,800 CAD ($1,305.59 CAD/SF) 5% Cap Rate


Executive Summary
RMC is pleased to present this free-standing Zaxby’s located in Davenport, Florida. This triple net investment features an initial twenty (20)-year ground lease
that is guaranteed by Corporate and requires absolutely zero landlord responsibility for operating and capital expenses. The twenty (20)-year lease includes
a ten percent (10.0%) rent increase every five (5) years commencing in year six (6). The lease term includes four (4) x five (5) year option periods. Zaxby’s is
situated on a 1.34 acre outparcel to Loughman Crossing, a 74,600 SF Publix anchored shopping center located at the NEC of Ronald Reagan Pkwy and 17-92
which is a signalized intersection. Other retailers in the surrounding area include, and not limited to, 7-11, Burger King, Dunkin, Heartland Dental, and O’Reilly
Auto Parts.
that is guaranteed by Corporate and requires absolutely zero landlord responsibility for operating and capital expenses. The twenty (20)-year lease includes
a ten percent (10.0%) rent increase every five (5) years commencing in year six (6). The lease term includes four (4) x five (5) year option periods. Zaxby’s is
situated on a 1.34 acre outparcel to Loughman Crossing, a 74,600 SF Publix anchored shopping center located at the NEC of Ronald Reagan Pkwy and 17-92
which is a signalized intersection. Other retailers in the surrounding area include, and not limited to, 7-11, Burger King, Dunkin, Heartland Dental, and O’Reilly
Auto Parts.
Property Facts
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Building Size
2,290 SF
Year Built
2026
Construction Status
Under Construction
Price
$2,989,800 CAD
Price Per SF
$1,305.59 CAD
Cap Rate
5%
NOI
$149,490 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.34 AC
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Zaxby's | Publix Outparcel | Davenport, FL | 6027 U.S. 17-92 N hwy
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