Arby's for Sale in Cheyenne, WY
Cheyenne, WY
Key Investment Metrics
Price
$1,360,726
Cap Rate
6.8%
Net Operating Income
$91,849
Building Size
3305 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
AI illustration · Not the listed propertyProperty overview
Arby's in Cheyenne
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,305 SF
- Land area
- 1.28 acres
- Year built
- 2007
- Lease type
- NNN
- Lease expiration
- 09/30/2039
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.