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Restaurant

Arby's Restaurant

1198 W Main St, Livingston, TN 38570

Listing Price: $1,837,620

Cap Rate
4.00%
Tenant Name
Arby's
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
2,867
Lease Type
Absolute Net
Rent Per Square Feet
$25.64

Investment Overview

NEW 10-YEAR LEASE EXTENSION SIGNED WITH ARBY’S CORPORATE • Arby’s also Significantly Increased Annual Rent with Extension Due to Historical Store Preformance EXTREMELY HIGH PERFORMING LOCATION | ONE OF THE MOST PROFITABLE STORES IN SYSTEM • Very Low Rent-to-Sales Ratio (Contact Agent for Details) LONG TERM OPERATING HISTORY & ESTABLISHED IN THE LOCAL MARKET • Arby’s Has Been Operating and Profitable at this Location for Nearly 30 Years ABSOLUTE NET, NO LANDLORD RESPONSIBLITIES OF ANY KIND • New Remodel in 2019 Showing Commentment to Location • Highly Visable Location on Livingston’s Major Traffic & Retail Corridor

Investment Highlights

  • NEW 10-YEAR LEASE EXTENSION SIGNED WITH ARBY'S CORPORATE
  • EXTREMELY HIGH PERFORMING LOCATION | ONE OF THE MOST PROFITABLE STORES IN SYSTEM
  • LONG TERM OPERATING HISTORY & ESTABLISHED IN THE LOCAL MARKET
  • ABSOLUTE NET, NO LANDLORD RESPONSIBLITIES OF ANY KIND

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Restaurant

Arby's Restaurant

Listing Price: $1,837,620

Cap Rate
4.00%
Tenant Name
Arby's
Years Remaining On Lease
9.2
Guarantor
Corporate Guarantee
Rentable SF
2,867
Lease Type
Absolute Net
Rent Per Square Feet
$25.64

Investment Highlights

  • NEW 10-YEAR LEASE EXTENSION SIGNED WITH ARBY'S CORPORATE
  • EXTREMELY HIGH PERFORMING LOCATION | ONE OF THE MOST PROFITABLE STORES IN SYSTEM
  • LONG TERM OPERATING HISTORY & ESTABLISHED IN THE LOCAL MARKET
  • ABSOLUTE NET, NO LANDLORD RESPONSIBLITIES OF ANY KIND

Investment Overview

NEW 10-YEAR LEASE EXTENSION SIGNED WITH ARBY’S CORPORATE • Arby’s also Significantly Increased Annual Rent with Extension Due to Historical Store Preformance EXTREMELY HIGH PERFORMING LOCATION | ONE OF THE MOST PROFITABLE STORES IN SYSTEM • Very Low Rent-to-Sales Ratio (Contact Agent for Details) LONG TERM OPERATING HISTORY & ESTABLISHED IN THE LOCAL MARKET • Arby’s Has Been Operating and Profitable at this Location for Nearly 30 Years ABSOLUTE NET, NO LANDLORD RESPONSIBLITIES OF ANY KIND • New Remodel in 2019 Showing Commentment to Location • Highly Visable Location on Livingston’s Major Traffic & Retail Corridor

Exclusively Listed By

Broker of Record

  • Jody McKibben

    First Vice President/Regional Manager

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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