Skip to main content

Restaurant

Arby's

2140 W Spring St, Monroe, GA 30656

Listing Price: $1,790,000

Cap Rate
4.75%
Tenant Name
Arby's
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.00

Investment Overview

HOME DEPOT OUTPARCEL • The subject property is a 2,500 SF Arby’s with a drive thru and two access points. It is strategically positioned at the entrance of a Home Depot and a Dollar Tree Anchored Strip Center. The property is also adjacent to a Walmart Supercenter. • This Arby’s is located directly off Hwy 78 (24,800 VPD) on W Spring St (16,900 VPD). • Located in the main retail corridor of Monroe, GA with national retailers including Publix, Big Lots, Tractor Supply and more. • Directly across the street from Piedmont Walton Hospital, a 77 bed hospital with more than 400 employees. MONROE, GA • Monroe is the county seat of Walton County and is located off Hwy 78 one hour east of Atlanta and 30 minutes west of Athens. • Home to multiple industries including a Walmart distribution center and Hitachi automotive systems of America. • The Monroe-Walton County Airport supports over 13,000 aircraft operations per year. • George Walton Academy (762 Students) is less an a mile from this Arby’s. Other schools in Monroe include Monroe High School (1,069 Students) and Carver Middle School (895 Students). • The 5 mile population growth is over 12%. ATLANTA MSA • This property is located 40 miles from downtown Atlanta off Hwy 78 (24,800 VPD). • Atlanta is the hub and economic engine of the Southeast, which is the fastest growing region in the U.S. • Atlanta is home to multiple Fortune 500 companies including the Coca-Cola Company, Home Depot, Delta Air Lines, and more. • Home to multiple colleges and universities including Georgia State (32,082 Students), Georgia Institute of Technology (26,839 Students), and Emory University (14,769 Students). • Atlanta is also home to the busiest airport in the world, Hartsfield-Jackson Atlanta International Airport, which handles more than 100 million passengers per year. 10 YEAR CORPORATE NNN LEASE • The subject property has 10 years remaining on an original 15 year corporate NNN lease with Arby’s. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 5% rent increases in each of the five, 5-year option periods. ARBY’S | INSPIRE BRANDS • Arby’s Restaurant Group, Inc. is the franchisor of the Arby’s Brand and is part of the Inspire Brands family of restaurants. • Arby’s is the second-largest sandwich restaurant brand in the world with more than 3,500 restaurants in nine countries. • Inspire Brands Owns over 11,100 Restaurants Including Arby’s, Buffalo Wild Wings, Sonic, Jimmy John’s and More. • Arby’s was founded in 1964 and is headquartered in Atlanta, GA.

Investment Highlights

  • Home Depot Outparcel
  • Atlanta MSA Location
  • Hwy 78 (24,800 VPD)
  • 10-YR Corporate NNN Lease
  • Arby's HAs 3,500 Locations in 9 Countries

Exclusively Listed By

Financing By

Listing Price: $1,790,000

Cap Rate
4.75%
Tenant Name
Arby's
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
2,500
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.00

Investment Highlights

  • Home Depot Outparcel
  • Atlanta MSA Location
  • Hwy 78 (24,800 VPD)
  • 10-YR Corporate NNN Lease
  • Arby's HAs 3,500 Locations in 9 Countries

Investment Overview

HOME DEPOT OUTPARCEL • The subject property is a 2,500 SF Arby’s with a drive thru and two access points. It is strategically positioned at the entrance of a Home Depot and a Dollar Tree Anchored Strip Center. The property is also adjacent to a Walmart Supercenter. • This Arby’s is located directly off Hwy 78 (24,800 VPD) on W Spring St (16,900 VPD). • Located in the main retail corridor of Monroe, GA with national retailers including Publix, Big Lots, Tractor Supply and more. • Directly across the street from Piedmont Walton Hospital, a 77 bed hospital with more than 400 employees. MONROE, GA • Monroe is the county seat of Walton County and is located off Hwy 78 one hour east of Atlanta and 30 minutes west of Athens. • Home to multiple industries including a Walmart distribution center and Hitachi automotive systems of America. • The Monroe-Walton County Airport supports over 13,000 aircraft operations per year. • George Walton Academy (762 Students) is less an a mile from this Arby’s. Other schools in Monroe include Monroe High School (1,069 Students) and Carver Middle School (895 Students). • The 5 mile population growth is over 12%. ATLANTA MSA • This property is located 40 miles from downtown Atlanta off Hwy 78 (24,800 VPD). • Atlanta is the hub and economic engine of the Southeast, which is the fastest growing region in the U.S. • Atlanta is home to multiple Fortune 500 companies including the Coca-Cola Company, Home Depot, Delta Air Lines, and more. • Home to multiple colleges and universities including Georgia State (32,082 Students), Georgia Institute of Technology (26,839 Students), and Emory University (14,769 Students). • Atlanta is also home to the busiest airport in the world, Hartsfield-Jackson Atlanta International Airport, which handles more than 100 million passengers per year. 10 YEAR CORPORATE NNN LEASE • The subject property has 10 years remaining on an original 15 year corporate NNN lease with Arby’s. • Tenant is 100% responsible for all expenses including taxes, insurance, CAM, roof and structure. • There are 5% rent increases in each of the five, 5-year option periods. ARBY’S | INSPIRE BRANDS • Arby’s Restaurant Group, Inc. is the franchisor of the Arby’s Brand and is part of the Inspire Brands family of restaurants. • Arby’s is the second-largest sandwich restaurant brand in the world with more than 3,500 restaurants in nine countries. • Inspire Brands Owns over 11,100 Restaurants Including Arby’s, Buffalo Wild Wings, Sonic, Jimmy John’s and More. • Arby’s was founded in 1964 and is headquartered in Atlanta, GA.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower