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Restaurant

Arby’s (Strong Store Sales)

1339 U.S. Hwy 68, Maysville, KY 41056

Listing Price: $1,388,000

Cap Rate
6.85%
Tenant Name
Arby's
Years Remaining On Lease
4.1
Gross SF
2,386
Guarantor
Franchisee Guarantee
Rentable SF
2,386
Price/Gross SF
$581.73
Lease Type
Absolute Net
Rent Per Square Feet
$39.83

Investment Overview

Offered for sale is a 2,386-square-foot Arby’s on 1.30 acres at 1339 US Highway 68 S in Maysville, Kentucky. The property is leased on an absolute net basis to Restaurant Management Inc., a 68-unit Arby’s franchisee, with no landlord responsibilities. Arby’s has operated at the site since 2010. The lease has 4.1 years remaining, plus three 5-year options with 7.50 percent rent increases at each option. According to Placer.ai, the location recorded 172,200 visits over the last 12 months, ranking in the top 14 percent of Arby’s nationwide and first within a 15-mile radius. The site fronts US Highway 62/68 (18,946 VPD), directly across from Mason County High School.

Investment Highlights

  • Absolute Net Lease With 4.1 Years Remaining | Tenant Since 2010
  • Strong Store Sales – Inquire With Agent for Details
  • Excellent Access and Visibility on US Highway 62 (18,946 VPD) | 1.30 Acre Parcel
  • Excellent Access and Visibility on US Highway 62 (18,946 VPD) | 1.30 Acre Parcel
  • Top 14 Percent Nationwide for Arby's Visits | 172,200 Visits (Last 12 Months)
  • Experienced Multi-Unit Franchisee – 68 Arby's Restaurants Across 7 States
  • Retail Corridor Anchored by Hobby Lobby, Harbor Freight & QSR Co-Tenancy
  • Directly Across From Mason County High School (839 Students)

Exclusively Listed By

Broker of Record

  • Michael Glass

    Executive Managing Director, Chief Revenue Officer

    (216) 264-2000

    License(s) KY: 308942

    Kentucky

Restaurant

Arby’s (Strong Store Sales)

Listing Price: $1,388,000

Cap Rate
6.85%
Tenant Name
Arby's
Years Remaining On Lease
4.1
Gross SF
2,386
Guarantor
Franchisee Guarantee
Rentable SF
2,386
Price/Gross SF
$581.73
Lease Type
Absolute Net
Rent Per Square Feet
$39.83

Investment Highlights

  • Absolute Net Lease With 4.1 Years Remaining | Tenant Since 2010
  • Strong Store Sales – Inquire With Agent for Details
  • Excellent Access and Visibility on US Highway 62 (18,946 VPD) | 1.30 Acre Parcel
  • Excellent Access and Visibility on US Highway 62 (18,946 VPD) | 1.30 Acre Parcel
  • Top 14 Percent Nationwide for Arby's Visits | 172,200 Visits (Last 12 Months)
  • Experienced Multi-Unit Franchisee – 68 Arby's Restaurants Across 7 States
  • Retail Corridor Anchored by Hobby Lobby, Harbor Freight & QSR Co-Tenancy
  • Directly Across From Mason County High School (839 Students)

Investment Overview

Offered for sale is a 2,386-square-foot Arby’s on 1.30 acres at 1339 US Highway 68 S in Maysville, Kentucky. The property is leased on an absolute net basis to Restaurant Management Inc., a 68-unit Arby’s franchisee, with no landlord responsibilities. Arby’s has operated at the site since 2010. The lease has 4.1 years remaining, plus three 5-year options with 7.50 percent rent increases at each option. According to Placer.ai, the location recorded 172,200 visits over the last 12 months, ranking in the top 14 percent of Arby’s nationwide and first within a 15-mile radius. The site fronts US Highway 62/68 (18,946 VPD), directly across from Mason County High School.

Exclusively Listed By

Broker of Record

  • Michael Glass

    Executive Managing Director, Chief Revenue Officer

    (216) 264-2000

    License(s): KY: 308942

    Kentucky

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