Arby's for Sale in Las Vegas, NM
Las Vegas, NM
Key Investment Metrics
Price
$1,000,000
Cap Rate
5.5%
Net Operating Income
$54,647
Building Size
2500 SF
Land Area
1 Acres
Remaining Term
4.7 years
Lease Expiration
02/28/2031
Lease Term
15 years
Lease Commencement
02/17/2016
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1991
Occupancy
100%
Tenancy
Single
Rent Increases
5.00% Every 5 Years
AI illustration · Not the listed propertyProperty overview
Arby's in Las Vegas
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,500 SF
- Land area
- 1 acres
- Year built
- 1991
- Lease type
- Absolute NNN
- Lease expiration
- 02/28/2031
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.