807 Blankenbaker Pkwy

Property: Zaxby’s restaurant at 807 Blankenbaker Parkway, Louisville, KY 40203

• Offering: 100% fee simple interest in a single-tenant absolute net lease property

• Tenant: Credit to CTC KY LLC (Zaxby’s franchisee)

• Guarantor: Roost & Rise Holdings, LLC (Zaxby’s largest franchisee with over 60 stores)

• Sale Price: $3,933,284

• Net Operating Income: $235,997

• Cap Rate: 6.00%

• Lease Details:

• New 20-year initial term (commenced January 23, 2025)

• Two 10-year renewal options

• 10% rent increases every 5 years

• Absolute net lease with zero landlord responsibilities

• Property Specifics:

• Lot Size: 0.92 Acres

• Building Size: 3,378 sq ft

• In operation since 2011

• Strong sales of approximately $3M (above national AUV)

• Location Highlights:

• 30,000+ Average Daily Traffic on Blankenbaker Parkway

• 103,900+ Average Daily Traffic on I-64

• Affluent trade area with $120,000+ average household income

• Three-mile daytime employee population of 67,980

• Area Demographics (3-mile radius):

• Population: 53,340

• Average Household Income: $123,560

• Key Investment Points:

• Long-term lease with a strong tenant

• High-performing location

• Zero landlord responsibilities

• Regular rent increases

• High barrier to entry submarket in Louisville MSA