Description

Northmarq National Restaurant Group is proud to present the sale of a prime single-tenant Zaxby’s property located in Birmingham, Alabama. This investment offers a fee simple, Absolute NNN lease with 17 years remaining on a 20-year term, plus four additional 5-year renewal options. The lease includes rare 2% annual rent increases during both the initial term and option periods, offering reliable passive income and a consistent hedge against inflation. The property benefits from strong surrounding retail synergy, neighboring major national retailers such as Walmart, The Home Depot, Publix, and Eastwood Plaza Shopping Center. It is situated less than one mile from a newly constructed Amazon distribution and delivery facility. Strategically located, the site is within a 10-minute drive to Birmingham-Shuttlesworth International Airport and just 15 minutes from downtown Birmingham. Additionally, the Zaxby’s is positioned under 5 miles from two major Birmingham developments—Edgehill at Southtown, a mixed-use commercial hub, and Maiden Heights, a high-end master-planned residential community.