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29438930
29188899

2796 Eastern Boulevard Frontage Rd, Montgomery, AL 36106

Moore Company Realty
Listed by Moore Company Realty
$1,850,000
143 days on market
Updated 0 days ago

Arbys- Net Leased Investment

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,294
Cap Rate 6.43%
NOI $119,000
Occupancy 100%
Tenancy Single
Brand/Tenant Arby's
Lease Type Absolute NNN
Remaining Term 10
Rent Bumps Yes
Price per SqFt $562
Class A
Year Built 1995
Acreage 0.920
Zoning 2021
Investment Type Core+

Corporate-backed Arby’s with an Absolute NNN lease

Marketing description

Introducing a rare investment opportunity in the heart of Montgomery, AL! This 3,294 SF retail property boasts a prime location at the signalized intersection of Eastern Blvd & Vaughn Road. With a proven long-term tenant in place since 1994, this building offers 100% occupancy and exceptional stability. The property's drive-thru equipped restaurant, B-3 zoning, and high visibility make it an ideal choice for retail or restaurant investors. Situated on approximately 0.92 acres, this site enjoys strong regional connectivity just 0.7 miles from I-85 access. Don't miss out on this high-traffic, corporate-backed investment with multiple lease extensions and rental increases every 5 years.

Investment highlights

•PRICE REDUCED!

•Corporate-backed Arby’s with an Absolute NNN lease, providing passive income with no landlord responsibilities.

•Tenant in place since 1994 with multiple lease extensions, demonstrating long-term stability and commitment.

•Lease includes 7% rental increases every 5 years, offering predictable income growth.

•Renovated in 2021

•Prime location at the signalized intersection of Eastern Boulevard & Vaughn Road, one of Montgomery’s busiest retail corridors.

•Excellent visibility and accessibility from both major roads, ensuring strong consumer exposure.

•Located approximately 0.7 miles from I-85, providing easy regional connectivity.

•Surrounded by national retailers, including Home Depot, Sam’s Club, Lowe’s, Chick-fil-A, and Starbucks, driving consistent traffic to the area.

•High daytime population with proximity to multiple hospitals, employment centers, and residential neighborhoods.

•Traffic counts: Eastern Blvd (US-231) ±47,124 VPD, Vaughn Road ±19,079 VPD — over 66,000 combined VPD at this lighted intersection.

•Proven long-term tenant stability and strong brand presence as part of

Listing Contacts

Moore Company Realty
Listed by Moore Company Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$119,000.00
$9,916.67/mo

Valuation Metrics

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DSCR
6.43%
Cap Rate
6.43%
ROI

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