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Restaurant

Arby's

2221 Chesnee Hwy, Spartanburg, SC 29303

Listing Price: $1,587,600

Cap Rate
7.25%
Tenant Name
Arby's
Years Remaining On Lease
5.9
Gross SF
3,165
Guarantor
Franchisee Guarantee
Rentable SF
3,165
Price/Gross SF
$501.61
Lease Type
Absolute Net
Rent Per Square Feet
$35.11

Investment Overview

This Arby’s sits directly along the Chesnee Highway (US 221 corridor), immediately adjacent to Interstate 85 Exit 78 — one of Spartanburg’s strongest QSR anchored retail nodes. Surrounding uses include national quick service restaurants, fuel stations, hotels, and service retailers.

The US 221 / Chesnee Hwy interchange is a heavy commuter and logistics corridor with 23,800 VPD on Chesnee Hwy and 71,200 VPD on I-85.

Brumit Restaurant Group (BRG) is regarded as one of the most successful and consistently expanding Arby’s franchise groups, maintaining superior operations and a strong people focused culture. Today, BRG operates 64+ Arby’s units across North Carolina, South Carolina, and Tennessee, making it a major multi state operator in the Southeast.

Investment Highlights

  • Prime frontline position in Spartanburg's highest traffic highway corridor.
  • Featured interchange location at I 85 Exit 78 with excellent visibility and ingress/egress.
  • Strong long term demographic tailwinds from Spartanburg growth and Boiling Springs expansion.
  • Brumit Restaurant Group is one of the largest and longest established Arby's franchise organization founded in 1988 with 64+ locations currently in the Carolinas and Tennessee
  • BRG is regarded as one of the most successful and consistently expanding Arby's franchise groups, maintaining superior operations and a strong people focused culture.
  • Recent remodel shows commitment to this location.
  • High traffic corridor with 23,800 VPD on Chesnee Hwy and 71,200 VPD on I-85.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Senior Managing Director, Market Leader - Carolinas

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Listing Price: $1,587,600

Cap Rate
7.25%
Tenant Name
Arby's
Years Remaining On Lease
5.9
Gross SF
3,165
Guarantor
Franchisee Guarantee
Rentable SF
3,165
Price/Gross SF
$501.61
Lease Type
Absolute Net
Rent Per Square Feet
$35.11

Investment Highlights

  • Prime frontline position in Spartanburg's highest traffic highway corridor.
  • Featured interchange location at I 85 Exit 78 with excellent visibility and ingress/egress.
  • Strong long term demographic tailwinds from Spartanburg growth and Boiling Springs expansion.
  • Brumit Restaurant Group is one of the largest and longest established Arby's franchise organization founded in 1988 with 64+ locations currently in the Carolinas and Tennessee
  • BRG is regarded as one of the most successful and consistently expanding Arby's franchise groups, maintaining superior operations and a strong people focused culture.
  • Recent remodel shows commitment to this location.
  • High traffic corridor with 23,800 VPD on Chesnee Hwy and 71,200 VPD on I-85.

Investment Overview

This Arby’s sits directly along the Chesnee Highway (US 221 corridor), immediately adjacent to Interstate 85 Exit 78 — one of Spartanburg’s strongest QSR anchored retail nodes. Surrounding uses include national quick service restaurants, fuel stations, hotels, and service retailers. The US 221 / Chesnee Hwy interchange is a heavy commuter and logistics corridor with 23,800 VPD on Chesnee Hwy and 71,200 VPD on I-85. Brumit Restaurant Group (BRG) is regarded as one of the most successful and consistently expanding Arby’s franchise groups, maintaining superior operations and a strong people focused culture. Today, BRG operates 64+ Arby’s units across North Carolina, South Carolina, and Tennessee, making it a major multi state operator in the Southeast.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Senior Managing Director, Market Leader - Carolinas

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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