Retail Business for Sale in Sanford, NC
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Sanford, NC 27332
Description
This offering presents a stabilized, single-tenant Zaxby’s net lease investment located at 3220 NC Highway 87 S in Sanford, North Carolina, a high-growth corridor within the Raleigh–Durham CSA. The 3,900-square-foot, free-standing quick-service restaurant was built in 2014 and is situated on a 0.91-acre parcel with excellent visibility and traffic exposure exceeding 23,000 vehicles per day. The lease is backed by a strong multi-unit franchisee guaranty, and the location ranks #2 among Zaxby’s restaurants within a 30-mile radius, reflecting strong unit-level performance. Investment Highlights: • 3,900 Sq Ft QSR with Drive-Thru | 2014 Construction | 0.912 Acres • Absolute NNN Lease | Zero Landlord Obligations | 2% Annual Rental Increases • YoY Sales Increases | Profitable RTS Ratio • #2 Zaxby's in 30-Mile Radius (Placer Ai) • Outparcel to #2 Walmart in 30-Mile Radius | Walmart Estimated Sales: $93.5 Million (Placer Ai) • Additional Retailers Nearby: Chick-Fil-A, Lidl, Hobby Lobby, Food Lion, & More • High Visibility on NC Highway 87 | 23,000+/- Vehicles Per Day • Strong Franchisee Guaranty | Operator Owns Multiple Locations in NC
Market Context
This retail in Sanford, NC is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 54 days. Compare it against other retail listings for sale in Sanford, NC — <a href="/search/sale/retail/north-carolina/sanford">view the full market</a>.
As of Q4 2025, the Orlando retail market showed a 4.0% vacancy rate, average asking rents near $30.64/SF/yr, rents up 4.8% year over year, and cap rates around 6.6%. Source: Consensus Q4 2025 market report.
Its 6.8% asking cap rate is in line with the Orlando retail market average of about 6.6%. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Orlando?
- About 6.6% as of Q4 2025, per Consensus.
- Is the Orlando retail market tightening or softening?
- Vacancy is around 4.0%, with asking rents rising year over year (Q4 2025).
Unified Estimate
Very Low Confidence$22.39/SF – $30.29/SF
Mid: $26.34/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market san-antonio (similarity: 100%) with 16 comparable listings.
Contact
- Andrew Margulies · (919) 674-1108 · andrew.margulies@marcusmillichap.com
- Harrison Creason · (843) 952-2257 · harrison.creason@marcusmillichap.com
- Patrick T. Barratt · (919) 674-1141 · patrick.barratt@marcusmillichap.com
- Todd Phillips · (919) 674-1120 · todd.phillips@marcusmillichap.com
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