Arby's - Net Lease Property for Sale
Herkimer, NY
Key Investment Metrics
Price
$2,041,217
Cap Rate
5.8%
Net Operating Income
$117,370
Building Size
2415 SF
Lot Size
2,415 SF
Remaining Term
12 years
Lease Expiration
01/31/2038
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
N/A
Tenancy
Single
Rent Increases
10% every 5 years
About This Arby's Net Lease Property
This Arby's NNN (triple net lease) property is located in Herkimer, NY and represents an excellent investment opportunity for commercial real estate investors. The property features 2415 square feet of building space.
With a cap rate of 5.8%, this Arby's net lease property offers stable income potential. The asking price is $2,041,217, 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.
Herkimer, NY Market Overview
Located in Herkimer, NY, this Arby's property benefits from strong local demographics and market fundamentals. The Herkimer area offers excellent visibility and accessibility, making it an ideal location for Arby's operations and a solid investment for net lease property buyers.