Arby's Restaurant
Retail | 6.8% CAP | 2,435 SqFt
Marketing description
REDUCED PRICE
Located next to the Shelby Baptist Medical Center along the busy Highway 119 corridor, this Arby's restaurant presents a prime investment opportunity. The property features an existing five-year, renewable corporate lease set to expire in September 2029, with four additional five-year options remaining. Each option includes a 10% rental adjustment, ensuring a steady increase in rental income.
Arby's assumed the lease from Jack's Family Restaurant in 1988 and has been successfully operating at this location ever since. This property offers a stable and lucrative investment with the potential for long-term growth. Don't miss out on this exceptional opportunity to invest in a well-established location with a reliable tenant.
Investment highlights
Prime location next to Shelby Baptist Medical Center
High visibility along busy Highway 119
Total NNN lease with gross sales provision as additional rent
Operating since 1988 at this location
Four (4) five-year lease options remaining
10% rental adjustment per option
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