Zaxby's NNN Property For Sale — Valrico, FL
2028 SR 60, Valrico, FL 33594
This Zaxby's sale-leaseback opportunity offers an attractive 6.75% cap rate in Valrico, FL (Tampa MSA). The property, built in 2004, encompasses 3,442 square feet on a 0.96-acre corner parcel. It's strategically located near the intersection of State Route 60, surrounded by major national retailers and benefits from high traffic counts. This offering represents a rare 15-year NNN sale-leaseback with annual rent increases and three five-year renewal options. The franchisee, Gator Bait Foods, LLC, has successfully operated this location since May 2004 and is an award-winning operator.
- Address: 2028 SR 60, Valrico, FL 33594
- Asking price $1.98M
- 6.75% cap rate
- NOI $123,312
- 15 years remaining
- NNN lease
- Year built: 2004
- Building size: 3,442 SF
- Lot size: 0.96 acres
- Rent increases: 1% annual increases
- Guarantor: Corporate
Location
This Zaxby's property is at 2028 SR 60 in Valrico, Florida.
Asset type: QSR