Arby's - Net Lease Property for Sale
Springfield, TN
Key Investment Metrics
Price
$2,714,000
Cap Rate
5.1%
Net Operating Income
$138,396
Building Size
3179 SF
Lot Size
3,179 SF
Land Area
0.67 Acres
Remaining Term
11.5 years
Lease Expiration
12/31/2037
Lease Term
38 years
Lease Commencement
12/31/1999
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
1987
Occupancy
100%
Tenancy
Single
Rent Increases
annual 1.25% rental increases
About This Arby's Net Lease Property
This Arby's NNN (triple net lease) property is located in Springfield, TN and represents an excellent investment opportunity for commercial real estate investors. The property features 3179 square feet of building space and was built in 1987.
With a cap rate of 5.1%, this Arby's net lease property offers stable income potential. The asking price is $2,714,000, 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.
Springfield, TN Market Overview
Located in Springfield, TN, this Arby's property benefits from strong local demographics and market fundamentals. The Springfield area offers excellent visibility and accessibility, making it an ideal location for Arby's operations and a solid investment for net lease property buyers.