Arby's - Net Lease Property for Sale
Burley, ID
Key Investment Metrics
Price
$1,338,000
Cap Rate
4.8%
Net Operating Income
$64,200
Building Size
2302 SF
Lot Size
2,302 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
About This Arby's Net Lease Property
This Arby's NNN (triple net lease) property is located in Burley, ID and represents an excellent investment opportunity for commercial real estate investors. The property features 2302 square feet of building space and was built in 1990.
With a cap rate of 4.8%, this Arby's net lease property offers stable income potential. The asking price is $1,338,000, 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.
Burley, ID Market Overview
Located in Burley, ID, this Arby's property benefits from strong local demographics and market fundamentals. The Burley area offers excellent visibility and accessibility, making it an ideal location for Arby's operations and a solid investment for net lease property buyers.