Marco's Pizza | 10 Yr Absolute NNN 2375 Parr

Subject property is a new construction, freestanding build-to-suit Marco’s Pizza building totaling 1,050 SF situated on 9,160 SF parcel. Pickup and drive-thru design is Marco’s Pizza’s building prototype.
Marco's Pizza is the Fastest Growing pizza chain in the US.
The property is a freestanding STNL property with drive-thru strategically located in 160,000 SF Dyersburg Commons shopping center (26,800 VPD), anchored by Hobby Lobby, Marshalls, and Ulta, and draws 1.4 million visits from over 221,000 visitors yearly. Dyersburg trade area encompasses a 50 mile radius with 126,411 population.
The Memphis market (incl. Dyersburg) is the highest grossing Marco’s market in the US.
Location Overview:
Dyersburg, TN is the county seat of Dyer County and a regional hub in encompassing main retail, medical, and employment center for TN, AR, and MO tri-state region. Dyersburg trade area coverage extends to over a 50 mile radius. The city is 79 miles northeast of Memphis.
Global power management and equipment manufacturing companies and the regional hospital are major employers in Dyersburg. Companies such as Eaton, Flowers Foods, Caterpillar, SRG Global, West Tennessee Healthcare Hospital, Henkel, and multiple shipping and trucking companies are located in Dyersburg.
About the Tenant:
Started in 1978 with one store located in Toledo, OH, Marco's now spans 1,129 stores across 34 states with locations in Puerto Rico and the Bahamas. Franchise expansion continues to accelerate with more than 200 stores in various stages of development with more than 350 agreements signed. According to FRANdata, a leading research and advisory firm that analyzes the franchise market, Marco's 2022 FUND® Score of 895 is in the top 1% of all evaluated franchise systems and is the 2nd highest score among all evaluated food franchises.
Marco’s Pizza is one of America’s Top 10 Favorite QSR Brands according to the 2022 Market Force Information Study. Marco’s Pizza is the fastest-growing pizza brand in the United States. Most recently, Marco’s Pizza was ranked No. 51 on Entrepreneur Magazine’s 2023 “Franchise 500” ranking. Other recent accolades include a high ranking on Newsweek’s 2023 “America’s Best Customer Service” in pizza chains list, ranked No. 40 on QSR’s Top 50 and has been featured six consecutive years on Nation’s Restaurant News’ prestigious “Top 500” ranking.
Nation's Restaurant News Top 500 Report shows Marco's achieved the highest percent year-over-year sales change (+18.2%) when compared to the nation's top 4 pizza brands**, making Marco's the No. 5 pizza brand in systemwide sales in America. With strong growth and performance, Marco's now sets its sights on becoming the No. 4 brand in pizza as it experienced a 12.8% increase in year-over-year Average Unit Volume (AUV), and the Top 50% of Marco's franchised stores generated $1,222,684 AUV for 2022.