Arby's - Net Lease Property for Sale
Brevard, NC
Key Investment Metrics
Price
$2,574,000
Cap Rate
6.0%
Net Operating Income
$154,416
Building Size
3200 SF
Lot Size
3,200 SF
Land Area
1.28 Acres
Remaining Term
16 years
Lease Expiration
08/31/2042
Lease Term
20 years
Lease Commencement
08/11/2022
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2002
Occupancy
100%
Tenancy
Single
Rent Increases
8% Every 5 Years
About This Arby's Net Lease Property
This Arby's NNN (triple net lease) property is located in Brevard, NC and represents an excellent investment opportunity for commercial real estate investors. The property features 3200 square feet of building space and was built in 2002.
With a cap rate of 6.0%, this Arby's net lease property offers stable income potential. The asking price is $2,574,000, making it an attractive option for 1031 exchange investors seeking quality Arby's commercial properties.
Why Invest in Arby's NNN Properties?
- Stable Income: Arby's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Arby's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Brevard, NC Market Overview
Located in Brevard, NC, this Arby's property benefits from strong local demographics and market fundamentals. The Brevard area offers excellent visibility and accessibility, making it an ideal location for Arby's operations and a solid investment for net lease property buyers.