Arby's - Absolute NNN - 20-Year Sale Leaseback
Arby's 5.50% CAP | Adjacent to Walmart & Sam's Club
Investment highlights
BRAND NEW 20-YEAR ABSOLUTE TRIPLE NET SALE LEASEBACK
Zero Landlord Responsibilities
10% Rental Increases Every 5 Years
Four Five-Year Renewal Options
HEALTHY RENT-TO-SALES RATIO OF 7.50%
During 2023, the subject property achieved Gross Sales of $1,844,779 during 2023
OPERATED BY THE 3RD LARGEST AND EXPANDING ARBY’S FRANCHISEE
AES Restaurants (Attitude Equals Success)
Franchisee John Wade has been in the Arby’s system since 1993 and is the current chairman of the Arby’s Franchise Association (AFA)
SIGNALIZED HARD CORNER LOCATION
Direct Visibility on SE corner of E Bismarck Expy and Burlington Dr. This intersection sees over 21,000 VPD
E Bismarck Expy is a primary route along the primary industrial corridor of Bismarck. Within a 2-mile radius of the subject property, there is 3.9M SF of industrial buildings occupied at 98.2%.
NORTH DAKOTA CAPITAL CITY LOCATION, BISMARCK
Bismarck is the second largest city in North Dakota, with over 73,000 residents earning an average household income of $85,470
Extremely low unemployment rate, 1.80%
Government & Health Care hub of Central North & South Dakota maintains steady workforce
ADJACENT TO WALMART & SAM’S CLUB
Both Walmart & Sam’s club saw a combined 4.7M visits over the last twelve months
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