Restaurant
New Construction Arby's | 15 Year Ground Lease | Corporate Guaranty | 10% Increases Every 5 Years
2640 N Central Ave, Humboldt, TN 38343
Listing Price: $1,700,000
Cap Rate
5.00%
Tenant Name
Arby's
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
Ground Lease
Rent Per Square Feet
$42.50
Investment Overview
Marcus & Millichap is pleased to bring to market Arby's, located in Humboldt, TN.
New Construction Arby's | 15 Year Ground Lease | Corporate Guaranty | 10% Increases Every 5 Years
Investment Highlights
- Brand New 2022 Construction | High Image Design | 15 Year Ground Lease with 10% Increases Every 5 Years
- Opening August 2022 | Lease is Corporately Guaranteed
- Arby's is Ranked 16th in QSR Magazine's Top 50 Biggest QSR Brands in America | Arby's Has Over 3,400 Restaurants Nationwide and in Eight Countries
- Arby's is the Flagship Property of Inspire Brands | Inspire Brands is an S&P B+ Credit Rated Tenant
- In 2021, Arby's Pushed Systemwide Sales Up from $3.885 Billion to $4.215 Billion | In February 2022, Arby's Announced an Expansion into Southeastern Mexico
- Outparcel to Walmart Supercenter (Relocated/Expanded) | 10,300+ VPD on N. Central Ave. | Situated in a Dense Retail Corridor Near the Highway 45 Bypass (15,980+ VPD) Surrounded by Multiple National Tenants Such as McDonald's, Dollar General, Auto Zone, Wendy's, Taco Bell, Walgreens and More
- Proximate to Humboldt Jr./Sr. High | 450+ Students & Faculty | 1 Mile from Tyson Foods Humboldt Facility With 1,200+ Employees, Adjacent to New FedEx Shipping Facility
- Humboldt is 1 Hour and 30 Minutes from Downtown Memphis, TN | Tennessee has No State Income Tax on Wages
Exclusively Listed By
Broker of Record
Financing By
Restaurant
New Construction Arby's | 15 Year Ground Lease | Corporate Guaranty | 10% Increases Every 5 Years
Listing Price: $1,700,000
Cap Rate
5.00%
Tenant Name
Arby's
Years Remaining On Lease
14.6
Guarantor
Corporate Guarantee
Rentable SF
2,000
Lease Type
Ground Lease
Rent Per Square Feet
$42.50
Investment Highlights
- Brand New 2022 Construction | High Image Design | 15 Year Ground Lease with 10% Increases Every 5 Years
- Opening August 2022 | Lease is Corporately Guaranteed
- Arby's is Ranked 16th in QSR Magazine's Top 50 Biggest QSR Brands in America | Arby's Has Over 3,400 Restaurants Nationwide and in Eight Countries
- Arby's is the Flagship Property of Inspire Brands | Inspire Brands is an S&P B+ Credit Rated Tenant
- In 2021, Arby's Pushed Systemwide Sales Up from $3.885 Billion to $4.215 Billion | In February 2022, Arby's Announced an Expansion into Southeastern Mexico
- Outparcel to Walmart Supercenter (Relocated/Expanded) | 10,300+ VPD on N. Central Ave. | Situated in a Dense Retail Corridor Near the Highway 45 Bypass (15,980+ VPD) Surrounded by Multiple National Tenants Such as McDonald's, Dollar General, Auto Zone, Wendy's, Taco Bell, Walgreens and More
- Proximate to Humboldt Jr./Sr. High | 450+ Students & Faculty | 1 Mile from Tyson Foods Humboldt Facility With 1,200+ Employees, Adjacent to New FedEx Shipping Facility
- Humboldt is 1 Hour and 30 Minutes from Downtown Memphis, TN | Tennessee has No State Income Tax on Wages
Investment Overview
Marcus & Millichap is pleased to bring to market Arby's, located in Humboldt, TN.
Exclusively Listed By
Broker of Record
Financing By
