The subject property affords investors the rare opportunity to acquire a superbly located Arby’s Restaurant located in Cincinnati, Ohio. Built originally in 1993 and completely remodeled in 2011, the 2,806 square foot building has successfully operated as an Arby’s Restaurant for twenty-three years. The property sit on a large, elevated 1.34 acre lot immediately to the west of Manchester Plaza. Due to its location Arby’s enjoys great street/traffic visibility along Harrison Ave, a major thoroughfare with over 36,000 cars per day. Manchester Plaza is occupied by national giants like Dollar Tree, ALDI, Dollar General. Other retailers in the immediate vicinity include Kroger’s, Lowes, O’Reilly Auto Parts as well as entertainment option such as 14 screen Cinemark Movie Theater.
The lease is absolute net in nature and requires absolutely zero landlord responsibilities. There are currently over 12 years remaining on an initial lease term that is complimented by (3), 5-year option periods that extend through 2044.