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32766388
33059686

3944 Brambleton Avenue, Roanoke, VA 24018 For Sale

JC
CA 02005095
Malchus Real Estate
Listed by Malchus Real Estate
$1,551,282
95 days on market
Updated 5 days ago

Corporate Arby's - 3944 Brambleton Avenue, Roanoke, VA

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 3,000
Cap Rate 5.85%
NOI $90,750
Occupancy 100%
Tenancy Single
Brand/Tenant Arby's
Lease Type Absolute NNN
Lease Expiration 01/31/2033
Remaining Term 6.5
Rent Bumps Yes
Lease Options 5 x 5 yr
Class A
Year Renovated 2023
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Occupancy Date 01/01/1999
Ground Lease No

5.85% Cap - 48,000 VPD - Absolute NNN - Corporate | Across Kroger Supermarket - Low Rent

Marketing description

  • Absolute NNN Lease – Approximately 6.5 years remaining on a 15-year absolute triple-net lease, with zero landlord responsibilities.
  • Corporate Guarantee – Lease guaranteed by RTM Operating Company, LLC - Arby's Corporate Guarantee
  • Prime Retail Corridor – Located near the signalized intersection of Brambleton Avenue and Electric Road, with combined traffic counts exceeding 48,000 vehicles per day.
  • Inspire Brands Strength – Parent company Inspire Brands recently confidentially filed for an IPO and is reportedly seeking an approximate $20 billion valuation.
  • Built-In Rent Growth – 10% rental increases every five years throughout the base term and option periods and excellent hedge against inflation.
  • National QSR Brand – Arby’s operates more than 3,400 locations nationwide and generates approximately $4.2 billion in annual systemwide sales.
  • Drive-Thru Location – Features a valuable drive-thru component, an increasingly scarce and highly sought-after QSR amenity.
  • Established Retail Trade Area – Positioned within the Cave Spring retail corridor alongside major retailers, including Kroger.
  • Affluent Demographics – Supported by a stable population density and strong household incomes.
  • Excellent Access & Visibility – Signalized access, strong frontage, and convenient ingress/egress.

Strategically positioned within Roanoke's established Cave Spring retail corridor, this Arby’s investment opportunity offers the security of a corporate-backed absolute NNN lease combined with the strength of one of the nation’s most recognized quick-service restaurant brands. The property is leased to Arby’s under an absolute triple-net lease with approximately seven years remaining on the initial term, providing a passive investment with no landlord responsibilities. The lease is guaranteed by RTM Operating Company, LLC, Arby’s corporate.

The asset benefits from a highly visible location near the signalized intersection of Brambleton Avenue and Electric Road, where combined traffic counts exceed 48,000 vehicles per day. Positioned within a dominant retail corridor alongside major retailers including Kroger, the property draws from a stable and affluent customer base supported by strong household incomes and established residential neighborhoods.

Arby’s operates more than 3,400 locations nationwide and generates approximately $4.2 billion in annual systemwide sales, while parent company Inspire Brands has reportedly confidentially filed for an IPO at an estimated $20 billion valuation, further highlighting the scale and strength of the platform behind the brand. The lease includes attractive 10% rent increases every five years throughout the base term and option periods, providing predictable income growth and a strong hedge against inflation.

Further enhancing the investment's long-term appeal, the property features a dedicated drive-thru, an increasingly valuable and difficult-to-replicate component within the quick-service restaurant sector. Combined with excellent visibility, signalized access, strong traffic exposure, and corporate tenancy, the offering presents an attractive opportunity to acquire a passive net-leased asset in a proven retail location.

Listing Contacts

JC
CA 02005095
Malchus Real Estate
Listed by Malchus Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$90,750.00
$7,562.50/mo

Valuation Metrics

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DSCR
5.85%
Cap Rate
5.85%
ROI

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