Zaxby's NNN Property For Sale — Gastonia, NC
2430 N Chester Street, Gastonia, NC 28052
This Zaxby's property offers an exceptional investment opportunity with a newly signed 15-year absolute NNN lease featuring attractive 1.5% annual rent increases. Positioned with excellent visibility and frontage along N Chester Street, the location benefits from high traffic counts exceeding 48,000 vehicles per day. The tenant demonstrates strong operational history and success, evidenced by a 7% rent-to-sales ratio. The surrounding area boasts a robust demographic profile, with over 83,000 residents within a 5-mile radius and an average household income exceeding $66,000, ensuring consistent customer flow.
- Address: 2430 N Chester Street, Gastonia, NC 28052
- Asking price $3.13M
- 5.00% cap rate
- NOI $156,450
- 15 years remaining
- NNN lease
- Year built: 2017
- Building size: 4,126 SF
- Lot size: 1.22 acres
- Rent increases: 1.5% Annual
- Guarantor: Corporate
Location
This Zaxby's property is at 2430 N Chester Street in Gastonia, North Carolina.
Asset type: QSR