Profitable Zaxby's Restaurant with
3220 NC Hwy 87 S Sanford, NC 27330
3220 NC Hwy 87 S, Sanford, NC, 27330
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For Sale
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High-performing Zaxby's on 0.912 acres in Sanford, North Carolina.
Property Size3,900 SF
Lot Size0.91 Acres
Price / SF$977.44
Days on Market66
Property Features for 3220 NC Hwy 87 S
General Information
- Standard status
- Active
- Size
- 3,900 SF
- Lot size
- 0.91 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2014
Listing Agency
Marcus & Millichap - Raleigh
Listed by
Patrick Barratt · License #351056
Source
Crexi
Added: May 13 Checked: Jul 16 at 9:40 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Raleigh
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Absolute NNN lease with zero landlord obligations and 2% annual rental increases, providing a passive income stream.
- Strong franchisee guaranty from a multi‑unit operator, ensuring financial stability.
- High‑performing Zaxby's location, ranking #2 in a 30‑mile radius with year‑over‑year sales increases and a profitable rent‑to‑sales ratio.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Drive through restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - High-performing Zaxby's on 0.912 acres in Sanford, North Carolina.
Where is this drive through restaurant located?
The property is located at 3220 NC Hwy 87 S Sanford, NC.
What is the asking price?
The asking price for this property is $3,812,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord obligations and 2% annual rental increases, providing a passive income stream.; Strong franchisee guaranty from a multi‑unit operator, ensuring financial stability.; **High‑performing Zaxby's location, ranking #2 in a 30‑mile radius with year‑over‑year sales increases and a profitable rent‑to‑sales ratio.**
