Zaxby's - Net Lease Property for Sale
Westfield, IN
Key Investment Metrics
Price
$5,436,273
Cap Rate
5.5%
Net Operating Income
$298,995
Building Size
3028 SF
Lot Size
3,028 SF
Land Area
0.9 Acres
Remaining Term
20 years
Lease Expiration
12/31/2045
Lease Term
20.1 years
Lease Commencement
12/08/2025
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2025
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years & In Options
About This Zaxby's Net Lease Property
This Zaxby's NNN (triple net lease) property is located in Westfield, IN and represents an excellent investment opportunity for commercial real estate investors. The property features 3028 square feet of building space and was built in 2025.
With a cap rate of 5.5%, this Zaxby's net lease property offers stable income potential. The asking price is $5,436,273, making it an attractive option for 1031 exchange investors seeking quality Zaxby's commercial properties.
Why Invest in Zaxby's NNN Properties?
- Stable Income: Zaxby's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Zaxby's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Westfield, IN Market Overview
Located in Westfield, IN, this Zaxby's property benefits from strong local demographics and market fundamentals. The Westfield area offers excellent visibility and accessibility, making it an ideal location for Zaxby's operations and a solid investment for net lease property buyers.