Zaxby's - Tuscaloosa, AL (Leasehold)

4383 Courtney Dr, Tuscaloosa, AL 35405

  • For Sale $1,773,780
  • Property Type Retail - Restaurant
  • Property Size 3,217 SF
  • Lot Size 1.03 Acre
  • Year Built 2005
  • Date Updated Mar 5, 2024
Tuscaloosa ALDash Commercial Real Estate Advisors, LLC - In Cooperation with Bang Realty Alabama Inc. - is pleased to exclusively present for sale the leasehold interest in the Zaxby's located on Courtney Drive in Tuscaloosa, AL. This property boasts a recently extended lease bringing the current term to 8 years with three 5 Year Options to Renew. The lease is Corporately Guaranteed by Zaxby's, and this property is currently ranked #3 in the nation in system-wide sales, with 2022 reported sales of $4.3M. Sale Price is based on the scheduled rent change when the 1st Option to Renew is executed in June of 2025. Current NOI is $188,057 giving a Potential Purchase a 10% Cap Rate until the the option is exercised.

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Highlights

  • Long-term corporate tenant
  • Ranked #3 Zaxby's out of 922 Locations Nationwide
  • 6.39% Rent-to-Sales Ratio
  • 3.5 Miles from University of Alabama (38,000+ Students)
  • Recently exercised option to renew

Contacts

broker

John Dudash

Dash Commercial Real Estate Advisors

(843) 367-7294

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Tuscaloosa, AL
  • Zip Code 35405
  • Market Birmingham

Points of Interest

  • Tuscaloosa

    1.98 miles

  • Shell

    0.17 miles

  • MAPCO

    0.20 miles

  • Citgo

    0.35 miles

  • Chevron

    0.40 miles

  • Kangaroo Express

    1.26 miles

  • Jet-Pep

    1.33 miles

  • BP

    1.41 miles

  • Kangaroo

    1.42 miles

  • MAPCO

    1.43 miles

  • Chevron

    1.47 miles

  • Tutwiler Parking Deck

    2.62 miles

  • Magnolia Parking Deck

    2.81 miles

  • Capstone Parking Deck

    2.84 miles

  • South ten Hoor Parking Deck

    3.17 miles

  • North ten Hoor Parking Deck

    3.23 miles

  • Campus Dr. Parking Deck

    3.23 miles

  • Ferguson Parking Deck

    3.39 miles

  • Ridgecrest Parking Deck

    3.46 miles

  • National Water Center Parking

    3.54 miles

  • Riverside Parking Deck

    3.62 miles

  • Zaxby's

    0.00 miles

  • Captain D's

    0.05 miles

  • IHOP

    0.06 miles

  • Whataburger

    0.09 miles

  • Baumhower's Victory Grille

    0.10 miles

  • Milo's Hamburgers

    0.15 miles

  • Chick-fil-A

    0.16 miles

  • Arby's

    0.18 miles

  • Wendy's

    0.19 miles

  • Pizza Hut

    0.19 miles

  • Cash Saver

    1.21 miles

  • TJ Maxx

    1.53 miles

  • McFarland Mall

    1.59 miles

  • Walmart Supercenter

    1.73 miles

  • Ross

    1.74 miles

  • Asian Market

    2.16 miles

  • Piggly Wiggly

    2.25 miles

  • Mr Chen's Oriental Market

    2.38 miles

  • Belk

    2.44 miles

  • University Mall

    2.44 miles

Frequently Asked Questions

What is the lease rate for Zaxby's - Tuscaloosa, AL (Leasehold)?

Rental asking rate at Zaxby's - Tuscaloosa, AL (Leasehold) is $886,890.00/YR.

What is the total square footage of Zaxby's - Tuscaloosa, AL (Leasehold)?

Zaxby's - Tuscaloosa, AL (Leasehold) totals 3,217 square feet.

When was this property built?

Zaxby's - Tuscaloosa, AL (Leasehold) was built in 2005.

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Contact Listing Broker

broker

John Dudash

Dash Commercial Real Estate Advisors

(843) 367-7294