807 Blankenbaker Pkwy

7DCRE is proud to present to qualified investors the opportunity to acquire 100% fee simple interest in a single tenant absolute net lease Zaxby’s with nearly 19 years remaining on a 20-year initial lease term guaranteed by Zaxby’s largest franchisee, Roost & Rise Holdings, LLC (parent to 1788 Chicken LLC & Credit to Chicken LLC) with over 75 Zaxby’s stores and growing.   The store has been in operation since 2011 with strong sales of approximately $3M (above the national AUV) and operating history. 

The 20-year term commenced on January 23rd, 2025 features 10% rent increases every five years of the initial term and the two 10-year options periods.   The NOI is comfortably proportioned to sales at eight (8%) percent.

With a lengthy 20-year term, a guaranty from the largest Zaxby’s franchisee, and ZERO Landlord responsibilities, this is an incredible opportunity to acquire a secure income stream backed by Class A real estate in a high barrier to entry submarket of the Louisville, KY MSA. 

The Property is being offered on an “as-is” basis with Agent and Owner making no representations or warranties with respect to the accuracy or completeness of the Offering Memorandum (“OM”) or any documents provided to any potential purchaser for the purpose of due diligence.

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 75 stores)

• Sale Price: $3,868,804

• Net Operating Income: $235,997

• Cap Rate: 6.10%

• 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