STREAM Capital Partners > Properties > All Properties > Zaxby’s

Zaxby’s

Net Lease

2735 John Hawkins Parkway , Birmingham, Alabama
Ownership Type:
Fee Simple
Price:
$4,500,000
Cap Rate:
6.00%
Current Rent:
$270,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 17 years
Renewal Options:
3, 5 Year
Building Sq. Ft.:
4,205 SF
Rent Increases:
10% Every 5 Years
Site Size:
0.98 Acres

Investment Highlights

  • LONG-TERM COMMITMENT: 20 year absolute NNN lease with over 17 years remaining and three, 5 year options to extend
  • LARGEST FRANCHISEE GUARANTEE: The lease is backed by Rise and Roost Holdings, the largest Zaxby’s franchisee with over 100 units across the southeast
  • ZERO LANDLORD RESPONSIBILITIES: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term
  • AFFLUENT SURROUNDING DEMOGRAPHICS: Located in the growing Birmingham MSA of Hoover, the property is anchored by a prosperous customer base, with average household incomes exceeding $114,145 within a 5-mile radius
  • WELL POSITIONED WALMART-ADJACENT SITE: Situated directly across from an established Walmart-anchored center along John Hawkins Parkway (37,120+ VPD), the property benefits from relentless big-box-driven consumer traffic and commanding visibility—positioning the site within a proven daily-needs destination
  • BIRMINGHAM MSA: Located in the Birmingham-Hoover MSA—Alabama’s largest metro—home to approximately 1.18 million residents and backed by a diversified $79 billion economy
Ownership Type:
Fee Simple
Price:
$4,500,000
Cap Rate:
6.00%
Current Rent:
$270,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 17 years
Renewal Options:
3, 5 Year
Building Sq. Ft.:
4,205 SF
Rent Increases:
10% Every 5 Years
Site Size:
0.98 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Adam Baxter

Vice President
205 394 3520[email protected]

Ben Hollis

Senior Associate
256.595.2574[email protected]

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