Zaxby's NNN Lease Investment Opportunity | 6.7% Cap Rate | Midwest City, OK

This property is located in Midwest, Oklahoma.This absolute NNN Zaxby’s, a top 50 national QSR brand, has 11 1/2+ years remaining on an absolute NNN lease. Located in Midwest City (Oklahoma City MSA) this attractive +/- 3650 SF location is at a signalized corner with over 17,500 VPD and less than 1/4 mile from Interstate 40 with over 40,300 VPD. This busy retail corridor features several national retailers including Dunkin’ Donuts, Baskin Robbins, Firehouse Subs, Sonic, KFC, Whataburger, KinderCare, IBC Bank, State Farm, Freddy’s, and more. Nearby Tinker Air Force Base, with more than 25,000 military and civilian employees, is the largest single-site employer in the state. The Base’s economic impact on the surrounding community has been calculated at over $6.6 billion for 2023 alone. The five-mile demographics include a population over 110,000 and an average household income over $77,500. Zaxby’s, known for its creative preparation of chicken, wings and sauces, operates over 950 corporate and franchise locations nationwide. Goldman Sachs invested $2 Billion in 2020 to buy a 50% interest in the brand. The experienced Midwest City franchisee and guarantor operates 13 locations in Georgia and Oklahoma. The property is priced at $2,338,687 and a 6.7% cap rate.