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Restaurant

Arby's

1117 38th St NW, Fargo, ND 58102

Listing Price: $1,466,000

Cap Rate
5.00%
Tenant Name
Arby's
Years Remaining On Lease
16.6
Gross SF
2,963
Guarantor
Franchisee Guarantee
Rentable SF
2,963
Price/Gross SF
$494.77
Lease Type
Absolute Net
Rent Per Square Feet
$24.74

Investment Overview

Each location is individually subject to an absolute triple-net lease with zero landlord responsibilities. The remaining lease term for the Fargo location is 17 years.

Investment Highlights

  • Portfolio Average Lease Term Remaining of 13 Years
  • Established Location and Experienced Tenant
  • Healthy Portfolio Wide Rent-to-Sales Ratio

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) ND: 10032

    North Dakota

Listing Price: $1,466,000

Cap Rate
5.00%
Tenant Name
Arby's
Years Remaining On Lease
16.6
Gross SF
2,963
Guarantor
Franchisee Guarantee
Rentable SF
2,963
Price/Gross SF
$494.77
Lease Type
Absolute Net
Rent Per Square Feet
$24.74

Investment Highlights

  • Portfolio Average Lease Term Remaining of 13 Years
  • Established Location and Experienced Tenant
  • Healthy Portfolio Wide Rent-to-Sales Ratio

Investment Overview

Each location is individually subject to an absolute triple-net lease with zero landlord responsibilities. The remaining lease term for the Fargo location is 17 years.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): ND: 10032

    North Dakota

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