ARBY'S - 1719 Hwy 19E #37 Elizabethton TN

Real Estate Ventures, LLC, is offering this exclusive listing for Arby’s #5123 located at 1719 Highway 19 E #37, Carter County, Elizabethton, TN 37643.​  The franchisee is AES Tri-State, Inc.​, which operates 60 Arby’s and is a wholly owned subsidiary of AES Restaurant Group which operates 187 Arby’s in 16 states.​  Built in 1986, this restaurant will be remodeled at the tenant’s expense prior to November 15, 2027, pursuant to their franchise agreement.​  The property is located less than ½ mile from one of Snap-On tools fourteen manufacturing plants which added nearly 50,000 square feet of production space in 2024 and is the largest employer in Carter County.​  Arby’s unique positioning allows it to monopolize US Highway 19 traffic (20,200 Average Annual Daily Traffic in 2023 per TDOT) and produces sales above the concept average.​

New 20 year triple net lease with a top-tier multi-unit franchisee who will remodel the property at their expense! $144,329 year one NOI with 10% escalations every five years and NO LANDLORD RESPONSIBILITY!