For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

807 Blankenbaker Pkwy Louisville, KY 40243

Loading data...
Loading data...
Loading data...
For Sale
$3,775,952

Single tenant Zaxby's with a new 20-year absolute net lease.

Lot size:
0.92 Acres

Property Features for 807 Blankenbaker Pkwy

General Information

Lot size
0.92 Acres

Source: Seven Development, LLC Agent Ryan B Pennington

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Zaxby's NNN Investment Opportunity

This offering presents the opportunity to acquire a fee simple interest in a single-tenant, absolute net lease Zaxby’s property. The new 20-year initial lease term is guaranteed by Zaxby’s largest franchisee, Roost & Rise Holdings, LLC, which operates over 60 Zaxby’s stores and is continuing to expand. The store has been in operation since 2011 and has demonstrated strong sales of approximately $3 million, exceeding the national average unit volume. The new 20-year term commenced on January 23rd, 2025, and includes 10% rent increases every five years throughout the initial term and the two 10-year option periods. The net operating income is approximately 8% of sales. This property offers a secure income stream supported by Class A real estate within a high barrier to entry submarket of the Louisville, KY MSA. The property is offered on an "as-is" basis, with no representations or warranties made regarding the accuracy or completeness of the offering memorandum or any due diligence documents.
Location Intelligence

Current Use by Public Records

Zaxby's Chicken Fingers ... Chicken Restaurant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Louisville
County
Jefferson
State
Kentucky
Longitude
-85.5414167
Latitude
38.2300095

FAQs

What type of property is this?
Drive through restaurant - Single tenant Zaxby's with a new 20-year absolute net lease.
Where is this drive through restaurant located?
The property is located at 807 Blankenbaker Pkwy Louisville, KY.
What is the asking price?
The asking price for this property is $3,775,952.
What are key features of this property?
This property features: - Absolute Net Lease with ZERO Landlord Responsibilities; - 20-Year Initial Lease Term (commenced January 23rd, 2025); - Guaranteed by Zaxby’s Largest Franchisee, Roost & Rise Holdings, LLC (over 60 stores)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message