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Restaurant

Arby's

8055 IN-66, Newburgh, IN 47630

Listing Price: $1,854,762

Cap Rate
6.30%
Tenant Name
Arby's
Years Remaining On Lease
7.2
Gross SF
2,956
Guarantor
Corporate Guarantee
Rentable SF
2,956
Price/Gross SF
$627.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.53

Investment Overview

7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options | Eight Percent Rental Increases Every 5 Years and in Options

Strategically Located on Evansville’s East Side Along SR 66/Lloyd Expressway, the Main Retail Thoroughfare in Evansville with Exposure to 28,722 Vehicles per Day

Newburgh is Evansville’s Most Affluent Suburb with Average Household Incomes Above $125,000 in a 3-Mile Radius | Newburgh is Located in Warrick County and is the Fastest Growing County in the Tri-State Area (30 Counties in IN, IL & KY with 900K+ Residents)

Surrounded by National Retailers: Chick-fil-A, Taco Bell, McDonald’s, Starbucks, Wendy’s, Walmart, Schuck’s Grocery, Zaxby’s, Dunkin’, Buffalo Wild Wings, O’Reilly Auto Parts, Dairy Queen, Verizon, Goodyear, Valvoline, CVS Pharmacy, Walgreens, and Many Others

Nearby Walmart Supercenter has 2.6 Million Visitors per Year | Ranks in the Top 22% in State and Top 27% Nationally

Located Four Miles to Evansville | Three Miles from Interstate 69 and Deaconess Hospital, the Area’s Main Employer | |One Mile from Castle High School and Castle Middle School with 2,698 Students

Newburgh is Home to Victoria National Golf Club, the #1 Golf Course in Indiana for 25 Years and Consistently Ranked as One of America’s Top Golf Courses Since Inception

Investment Highlights

  • 7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby's Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options
  • Strategically Located on Evansville's East Side Along SR 66/Lloyd Expressway, the Main Retail Thoroughfare in Evansville with Exposure to 28,722 Vehicles per Day
  • Newburgh is Evansville's Most Affluent Suburb with AHHI Above $125,000 in a 3-Mile Radius | Newburgh is Located in Warrick County and is the Fastest Growing County in the Tri-State Area

Exclusively Listed By

Restaurant

Arby's

Listing Price: $1,854,762

Cap Rate
6.30%
Tenant Name
Arby's
Years Remaining On Lease
7.2
Gross SF
2,956
Guarantor
Corporate Guarantee
Rentable SF
2,956
Price/Gross SF
$627.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.53

Investment Highlights

  • 7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby's Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options
  • Strategically Located on Evansville's East Side Along SR 66/Lloyd Expressway, the Main Retail Thoroughfare in Evansville with Exposure to 28,722 Vehicles per Day
  • Newburgh is Evansville's Most Affluent Suburb with AHHI Above $125,000 in a 3-Mile Radius | Newburgh is Located in Warrick County and is the Fastest Growing County in the Tri-State Area

Investment Overview

7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby’s Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options | Eight Percent Rental Increases Every 5 Years and in Options Strategically Located on Evansville’s East Side Along SR 66/Lloyd Expressway, the Main Retail Thoroughfare in Evansville with Exposure to 28,722 Vehicles per Day Newburgh is Evansville’s Most Affluent Suburb with Average Household Incomes Above $125,000 in a 3-Mile Radius | Newburgh is Located in Warrick County and is the Fastest Growing County in the Tri-State Area (30 Counties in IN, IL & KY with 900K+ Residents) Surrounded by National Retailers: Chick-fil-A, Taco Bell, McDonald’s, Starbucks, Wendy’s, Walmart, Schuck’s Grocery, Zaxby’s, Dunkin’, Buffalo Wild Wings, O’Reilly Auto Parts, Dairy Queen, Verizon, Goodyear, Valvoline, CVS Pharmacy, Walgreens, and Many Others Nearby Walmart Supercenter has 2.6 Million Visitors per Year | Ranks in the Top 22% in State and Top 27% Nationally Located Four Miles to Evansville | Three Miles from Interstate 69 and Deaconess Hospital, the Area’s Main Employer | |One Mile from Castle High School and Castle Middle School with 2,698 Students Newburgh is Home to Victoria National Golf Club, the #1 Golf Course in Indiana for 25 Years and Consistently Ranked as One of America’s Top Golf Courses Since Inception

Exclusively Listed By

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