Zaxby's NNN Lease Investment Opportunity | 7.1% Cap Rate | Midwest City, OK

Highlights:

• Recent price adjustment to a 7.1% cap rate for this absolute NNN lease with over ±11.5 years remaining on the initial 20-year term AND 10% rent increase every 5 years.
• Superior location at signalized intersection, over 17,500 VPD, with nearby national retailers and 1/4 mile from Interstate 40 with ±40K VPD.
• Tinker AFB, the largest single-site employer in the state with 25,000 employees is nearby.
• Five-mile demographics include a population over 110,000 and average household income over $77,500.
• Zaxby’s, a highly regarded QSR, has over 950 nationwide with Goldman Sachs as a 50% equity partner since 2020.
• Experienced Operator/Guarantor since 2003 with 13-unit Zaxby’s units.
• Broker of Record: Brian Brockman Oklahoma License #177814

Description:

This absolute NNN Zaxby’s, a top 50 national QSR brand,has ±11.5 years remaining on an absolute NNN lease. Located in Midwest
City (Oklahoma City MSA), this attractive ±3,650 SF location is at a signalized corner with over 17,500 VPD and less than 1/4 mile
from Interstate 40 with over 40,300 VPD.

This busy retail corridor features several national retailers including Dunkin’ Donuts, Baskin Robbins, Firehouse Subs, Sonic, KFC,
Whataburger , KinderCare, IBC Bank, State Farm, Freddy’s, and more.

Nearby Tinker Air Force Base, with more than 25,000 military and civilian employees, is the largest single-site employer in the
state. The Base’s economic impact on the surrounding community has been calculated at over $6.6 billion for 2023 alone. The five mile demographics include a population over 110,000 and an average household income over $77,500.

Zaxby’s, known for its creative preparation of chicken, wings and sauces, operates over 950 corporate and franchise locations
nationwide. Goldman Sachs invested $2 Billion in 2020 to buy a 50% interest in the brand. The experienced Midwest City franchisee
and guarantor operates 13 locations in Georgia and Oklahoma. The property is priced at $2,206,900 and a 7.1% cap rate.

This property is located in Midwest, Oklahoma.

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