Deriving from the slang word "shiz niz"(better than average). Shaz Naz is the location form of the word. Shaz Naz is used to describe a super cool place (usually with embellishment or sarcasm).
That party was cool but I got to hip hop outa that shaz naz cause my parents want me home by 10pm.
by OMG_Butters June 20, 2010