Arby's - Net Lease Property for Sale
Cheyenne, WY
Key Investment Metrics
Price
$1,360,726
Cap Rate
6.8%
Net Operating Income
$91,849
Building Size
3305 SF
Lot Size
3,305 SF
Land Area
1.28 Acres
Remaining Term
13.3 years
Lease Expiration
09/30/2039
Lease Term
20 years
Lease Commencement
09/30/2019
Lease Type
NNN
Tenant Credit
Franchisee
Year Built
2007
Occupancy
100%
Tenancy
Single
Rent Increases
1.50% Annually
About This Arby's Net Lease Property
This Arby's NNN (triple net lease) property is located in Cheyenne, WY and represents an excellent investment opportunity for commercial real estate investors. The property features 3305 square feet of building space and was built in 2007.
With a cap rate of 6.8%, this Arby's net lease property offers stable income potential. The asking price is $1,360,726, 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.
Cheyenne, WY Market Overview
Located in Cheyenne, WY, this Arby's property benefits from strong local demographics and market fundamentals. The Cheyenne area offers excellent visibility and accessibility, making it an ideal location for Arby's operations and a solid investment for net lease property buyers.