Arby’s Restaurant – Corporate Lease – $2,351,000

//Arby’s Restaurant – Corporate Lease – $2,351,000
Arby’s Restaurant – Corporate Lease – $2,351,000 2017-10-28T02:32:33+00:00

Project Description

5950 Crawfordsville Road

Indianapolis, IN 46224

13 Years Remaining on Lease

Arby's Restaurant


Price: $2,351,000
Building Size: 2,716 SF
Price/SF: $865.61
Property Type: Retail
Property Sub-type: Free Standing Bldg
Property Use: Net Lease Investment with 13 years left on lease
Commission Split:  Call Agent
Cap Rate:  5.45%
Tenancy:  Single
Year Built / Remodeled:  1995 /2011
Lot Size:  ±0.41 Acres

Description:

The subject property affords investors the rare opportunity to acquire a superbly located Arby’s Restaurant located in Speedway, IN. Built originally in 1995 and completely remodeled in 2011, the 2,716 square foot building has successfully operated as an Arby’s Restaurant for twenty-two years. The property sit on an outparcel of Speedway Supercenter. Speedway Supercenter is occupied by national retail giants such as Kohl’s, Kroger, TJ Maxx, Petco, Sears Outlet, Advance Auto Parts and Goodyear as well food options such as KFC and Applebee’s. Due to its location Arby’s enjoys great street/traffic visibility along Crawfordsville Roade, a major thoroughfare with over 37,000 cars per day.

Attachments:

Marketing Brochure

Highlights:

  • Arby’s Corporate Guarantee!
  • 13 Years Remaining On Primary Lease Term!
  • Excellent location on outparcel of Speedway Supercenter!
  • Rent Increases in Base Term and Option Periods!
  • Located along Crawfordsville Rd (37,000 cars per day)!
  • 205,000 Residents Within 5-Mile Radius of Property
  • 22-year operating History at Site!
  • Absolute NNN Lease—No Landlord Responsibilities

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