3220 NC Hwy 87 S, Sanford, NC 27330

This property features a 3,900 square foot quick-service restaurant with a drive-thru, constructed in 2014. It is located in Sanford, North Carolina, which is part of the Raleigh-Durham Combined Statistical Area. The restaurant operates under an Absolute NNN lease, expiring in June 2034, with four remaining 5-year renewal options and 2% annual rental increases. The property is supported by a strong franchisee guaranty from an operator who owns multiple Zaxby's locations in North Carolina. The location is the #2 Zaxby's in a 30-mile radius. It benefits from year-over-year sales increases and a profitable rent-to-sales ratio. Positioned as an outparcel to the #2 Walmart in a 30-mile radius with an estimated $93.5 million in annual sales, the property has high visibility on NC Highway 87, with a traffic count of 23,000+/- vehicles per day. Nearby national retailers include Chick-fil-A, Lidl, Hobby Lobby, and Food Lion. The surrounding area is experiencing growth, with new residential, commercial, and mixed-use developments, including approved subdivisions, apartment communities, and retail projects. Sanford is a high-growth bedroom community of Raleigh with a 2% annual population growth rate, supported by major employers including Pfizer, Caterpillar, Tyson Foods, Coty, and Central Carolina Hospital. This property offers investors a stabilized net lease asset in a growing market with strong demographic fundamentals and minimal landlord responsibilities.