Listed by Lee & Associates - Orange
$2,450,000
Arby’s | Top 5% Sales Since Pre-COVID | Corporate NNN
Details
APN 17-01-11-2-205-002.004
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,757
Net Rentable (SqFt) 3,757
Cap Rate 5.2%
NOI $127,500
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Taco Bell
Lease Type NNN
Lease Term 16
Lease Expiration 07/31/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options (5), 5-Year
Price per SqFt $652
Broker Co-Op Yes
Class A
Year Built 2000
Year Renovated 2024
Acreage 0.66 - 1.32
Parking Spaces 50 spaces
Parking Per SqFt 13.31
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Occupancy Date 02/29/2000
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner
2x+ Average Store Sales YoY
Marketing description
Lee & Associates presents an Arby’s located in Jasper, Alabama.
The asset is secured by a corporate-guaranteed absolute NNN lease with approximately 14.5 years remaining. Zero landlord responsibilities.
Located along Highway 78 (±66,500 VPD), the property benefits from cross-parking access and a perpetual rear signage easement.
Investment highlights
Top 5% Systemwide Sales
2x+ Avg Unit Volume (YoY)
#1 in System (2022) | #2 in System (2023)
15-Year Lease Extension (Aug 2024)
Corporate-Guaranteed
Absolute NNN
±66,500 VPD
Cross-Parking Easement
Perpetual Rear Signage Easement
Renovated 2024
Listing Contacts
Listed by Lee & Associates - Orange
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$127,500.00
$10,625.00/mo
Valuation Metrics
0
DSCR
5.2%
Cap Rate
5.2%
ROI
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