Zaxby's

1064 North Main Street, Tooele, UT

IN CONTRACT

$1,818,857

Price

7.03%

Cap Rate

$127,815

NOI

Gallery
Street
Map
Overview
Cap Rate
7.03%
NOI
$127,815
Building Size
3,801 sqft
Lot Area
1.09 acres
Occupancy
100%
Lease Type
Double Net
Year Built
2015
Tenancy
Single
Gross Leaseable Area
3801
Description

11+ years remaining on a Zaxby's double net lease in Tooele, UT. The subject property features standalone frontage on the heavily trafficked intersection of N Main Street and 1000 N (43,000 VPD).

Highlights
  • 11+ years remaining on double net lease with 10% rental increases every 5 years
  • Personal guarantees from MJM 5G, LLC’s founders
  • Minimal LL expense & maintenance obligations
  • 2015 build-to-suit construction with drive-thru
  • MJM 5G, LLC has reported eight-figure annual revenues since 2020 (ask Agent for more details)
  • Standalone frontage on the heavily trafficked intersection of N Main Street and 1000 N – 43,000 VPD
  • Nearby national retailers include Walmart, Home Depot, Macy’s, C-A-L Ranch Stores, and Lucky
Documents
Title
Zaxbys_TooeleUT.pdf
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Location
Gallery