Zaxby's NNN Property For Sale — Greensburg, IN
IN-3 & N Lincoln Street, Greensburg, IN 47240
This Zaxby's property presents an excellent opportunity for investors, featuring a brand new 20-year absolute triple-net lease. Built in 2025, the property benefits from 10% rental increases every five years with multiple renewal options. Zaxby's is a rapidly expanding national QSR chain with approximately 1,000 locations across 17 states. The location boasts excellent frontage along IN-3, a major regional thoroughfare, and offers convenient freeway access immediately off Interstate 74, providing a direct route to Indianapolis and Cincinnati. Greensburg, Indiana, is a growing community with a population exceeding 12,300, strategically located between Indianapolis and Cincinnati.
- Address: IN-3 & N Lincoln Street, Greensburg, IN 47240
- Asking price $3.67M
- 6.00% cap rate
- NOI $219,960
- 19.9 years remaining
- NNN lease
- Year built: 2025
- Building size: 1,969 SF
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This Zaxby's property is at IN-3 & N Lincoln Street in Greensburg, Indiana.
Asset type: Restaurant/QSR