Restaurant
Arby's
1920 W Ryan Rd, Oak Creek, WI 53154
Listing Price: $1,035,000
Cap Rate
6.50%
Tenant Name
Arby's
Years Remaining On Lease
8.9
Gross SF
2,578
Guarantor
Franchisee Guarantee
Rentable SF
2,578
Price/Gross SF
$401.47
Lease Type
Absolute Net
Rent Per Square Feet
$26.10
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an Arby's in Oak Creek, WI.
Arby's
Investment Highlights
- 9 Years Remaining on Absolute Triple-Net Lease with One Five-Year Option
- Recent Five Year Lease Extension - Commitment to Site
- Operated and Guaranteed by 60-Unit Arby's Franchisee
- Health Rent-to-Sales Ratio - 6.50% (2021)
- Priced Below Replacement Cost
- Top Ranking Arby's Location - 6th Busiest Arby's in State of Wisconsin (93rd Percentile)
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
Listing Price: $1,035,000
Cap Rate
6.50%
Tenant Name
Arby's
Years Remaining On Lease
8.9
Gross SF
2,578
Guarantor
Franchisee Guarantee
Rentable SF
2,578
Price/Gross SF
$401.47
Lease Type
Absolute Net
Rent Per Square Feet
$26.10
Investment Highlights
- 9 Years Remaining on Absolute Triple-Net Lease with One Five-Year Option
- Recent Five Year Lease Extension - Commitment to Site
- Operated and Guaranteed by 60-Unit Arby's Franchisee
- Health Rent-to-Sales Ratio - 6.50% (2021)
- Priced Below Replacement Cost
- Top Ranking Arby's Location - 6th Busiest Arby's in State of Wisconsin (93rd Percentile)
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale an Arby's in Oak Creek, WI.
Exclusively Listed By
Broker of Record
-
Todd Lindblom
First Vice President/Regional Manager
