Restaurant
Arby's (2nd Largest Franchisee)
4651 W 61st Ave, Hobart, IN 46342
Listing Price: $2,373,000
Cap Rate
5.50%
Tenant Name
Arby's
Years Remaining On Lease
13.1
Guarantor
Franchisee Guarantee
Rentable SF
2,440
Lease Type
Absolute Net
Rent Per Square Feet
$53.47
Investment Overview
Absolute net Arby's in Hobart, Indiana, just outside Chicago.
Arby's (2nd Largest Franchisee)
Investment Highlights
- 2024 Full Remodel | Tenant paid for Remodel | Drive-Thru Location with Ample Parking
- New 15-Year Extension Commenced June 2024 | 13+ Years Remaining
- 2nd Largest Arby's Franchisee | AES Restaurant Group has 344 Units across 20 States
- AES Restaurant Group Announced an Acquisition of 115 New Locations from Inspire Brands in December 2025
- 1.00% Annual Bumps
- 110k+ Residents within 5 Miles | 1-Mile AHI: $94,553
- 39 Miles outside Chicago
- Interstate 65 Exit Location (110k+ Cars per Day) | Adjacent to Newly Built Dunkin, McDaonald's, Wendy's, and Taco Bell | Dense Industrial & Hospitality Corridor
Exclusively Listed By
Listing Price: $2,373,000
Cap Rate
5.50%
Tenant Name
Arby's
Years Remaining On Lease
13.1
Guarantor
Franchisee Guarantee
Rentable SF
2,440
Lease Type
Absolute Net
Rent Per Square Feet
$53.47
Investment Highlights
- 2024 Full Remodel | Tenant paid for Remodel | Drive-Thru Location with Ample Parking
- New 15-Year Extension Commenced June 2024 | 13+ Years Remaining
- 2nd Largest Arby's Franchisee | AES Restaurant Group has 344 Units across 20 States
- AES Restaurant Group Announced an Acquisition of 115 New Locations from Inspire Brands in December 2025
- 1.00% Annual Bumps
- 110k+ Residents within 5 Miles | 1-Mile AHI: $94,553
- 39 Miles outside Chicago
- Interstate 65 Exit Location (110k+ Cars per Day) | Adjacent to Newly Built Dunkin, McDaonald's, Wendy's, and Taco Bell | Dense Industrial & Hospitality Corridor
Investment Overview
Absolute net Arby's in Hobart, Indiana, just outside Chicago.
Exclusively Listed By
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