Arbys Portfolio

Address:
895 W Eads Pkwy,
City:
Lawrenceburg
State:
IN
Zip Code:
47025

Building Size:

2,880

Asking Price:

7,543,463

CAP Rate:

6

Lease Type:

NNN

Space Description:

List Price: $7,543,463

NOI: $452,608.00

Cap Rate: 6.0%

Lease Type: NNN 

Property Description:

A 6 property portfolio of single tenant net leased Arby’s assets with a 65 Unit Franchisee guarantee. Absolutely NO Landlord responsibilities. All sites are located in (3) Tennessee, (1) Ohio & (2) Indiana. These Arby’s are operated and guaranteed by Restaurant Management Inc., LLC a 65 unit Franchisee. The leases range from 19-13 years on original lease with 3-5 year additional renewal options.  Bumps of 7.5% every 5 years. The annual rent for this location is $96,875 and the lease end is 05/31/2029.