Arby's for Sale in Burley, ID
Burley, ID
Key Investment Metrics
Price
$1,338,000
Cap Rate
4.8%
Net Operating Income
$64,200
Building Size
2302 SF
Land Area
0.678 Acres
Remaining Term
13 years
Lease Expiration
10/31/2039
Lease Term
23 years
Lease Commencement
10/31/2016
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1990
Occupancy
100%
Tenancy
Single
Rent Increases
See OM
AI illustration · Not the listed propertyProperty overview
Arby's in Burley
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,302 SF
- Land area
- 0.678 acres
- Year built
- 1990
- Lease type
- Absolute NNN
- Lease expiration
- 10/31/2039
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.