Arby's - Net Lease Property for Sale
Tinley Park, IL
Key Investment Metrics
Price
$2,584,000
Cap Rate
6.0%
Net Operating Income
$156,324
Building Size
2650 SF
Lot Size
2,650 SF
Land Area
0.8 Acres
Remaining Term
11.1 years
Lease Expiration
09/02/2037
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2007
Tenancy
Single
Rent Increases
8% every 5 years
About This Arby's Net Lease Property
This Arby's NNN (triple net lease) property is located in Tinley Park, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 2650 square feet of building space and was built in 2007.
With a cap rate of 6.0%, this Arby's net lease property offers stable income potential. The asking price is $2,584,000, 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.
Tinley Park, IL Market Overview
Located in Tinley Park, IL, this Arby's property benefits from strong local demographics and market fundamentals. The Tinley Park area offers excellent visibility and accessibility, making it an ideal location for Arby's operations and a solid investment for net lease property buyers.