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Restaurant

Arby's Ground Lease

7542 Broadview Rd, Parma, OH 44131

Listing Price: $1,963,000

Cap Rate
5.35%
Tenant Name
RTM Operating Company, LLC
Years Remaining On Lease
18.9
Guarantor
Corporate Guarantee
Rentable SF
2,332
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$45.03

Investment Overview

The Arby’s brand purpose is “Inspiring Smiles Through Delightful Experiences.” Arby’s delivers on its purpose by celebrating the art of Meatcraft with a variety of high quality proteins and innovative, craveable sides, such as Curly Fries and Jamocha shakes. Arby’s Fast crafted restaurant services feature a unique blend of quick serve speed combined with the quality and made for you care of fast casual. Parma is a city in Cuyahoga County, Ohio, United States, located on the southern
edge of Cleveland. As of the 2020 census, its population was 81,146. Parma is the seventh largest city in the state of Ohio, the largest suburb in the state, and the second largest city in Cuyahoga County after Cleveland. Parma benefits from its proximity to several major employers, including the Cleveland Clinic,
which employs over 50,000 people and has a facility in Parma.

Investment Highlights

  • +/- 19 Years Remaining on Absolute Triple-Net (NNN) Ground Lease - Relocation Store
  • 10% Increases Every 5 Years
  • 170,348 Residents within a 5-Mile Radius
  • Outparcel to TJ Maxx and Acme Market Anchored Shopping Center
  • Near Corner Visible to More Than 32,000 Cars per Day at the Corner of Pleasant Valley Rd and Broadview Rd

Exclusively Listed By

Financing By

Restaurant

Arby's Ground Lease

Listing Price: $1,963,000

Cap Rate
5.35%
Tenant Name
RTM Operating Company, LLC
Years Remaining On Lease
18.9
Guarantor
Corporate Guarantee
Rentable SF
2,332
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$45.03

Investment Highlights

  • +/- 19 Years Remaining on Absolute Triple-Net (NNN) Ground Lease - Relocation Store
  • 10% Increases Every 5 Years
  • 170,348 Residents within a 5-Mile Radius
  • Outparcel to TJ Maxx and Acme Market Anchored Shopping Center
  • Near Corner Visible to More Than 32,000 Cars per Day at the Corner of Pleasant Valley Rd and Broadview Rd

Investment Overview

The Arby’s brand purpose is “Inspiring Smiles Through Delightful Experiences.” Arby’s delivers on its purpose by celebrating the art of Meatcraft with a variety of high quality proteins and innovative, craveable sides, such as Curly Fries and Jamocha shakes. Arby’s Fast crafted restaurant services feature a unique blend of quick serve speed combined with the quality and made for you care of fast casual. Parma is a city in Cuyahoga County, Ohio, United States, located on the southern edge of Cleveland. As of the 2020 census, its population was 81,146. Parma is the seventh largest city in the state of Ohio, the largest suburb in the state, and the second largest city in Cuyahoga County after Cleveland. Parma benefits from its proximity to several major employers, including the Cleveland Clinic, which employs over 50,000 people and has a facility in Parma.

Exclusively Listed By

Financing By

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