Restaurant
Arby's - Waxhaw, NC
1001 Aspinal St, Waxhaw, NC 28173
Listing Price: $2,848,000
Cap Rate
5.75%
Tenant Name
Arby's
Years Remaining On Lease
15.2
Guarantor
Franchisee Guarantee
Rentable SF
2,400
Lease Type
Absolute Net
Rent Per Square Feet
$68.25
Investment Overview
See OM for details
Investment Highlights
- The property is in Waxhaw, a rapidly growing suburb within the Charlotte, North Carolina MSA, one of the fastest-growing metro areas in the Southeast.
- The property is located approximately 0.2 miles from Prescot Village, a 100-acre mixed-use development featuring a 175-unit townhome community and an 83,000 sf neighborhood shopping center anchored b
- 15+ years left on the base term, NNN – no landlord responsibilities, Attractive 5% rental increases every 5 years
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Listing Price: $2,848,000
Cap Rate
5.75%
Tenant Name
Arby's
Years Remaining On Lease
15.2
Guarantor
Franchisee Guarantee
Rentable SF
2,400
Lease Type
Absolute Net
Rent Per Square Feet
$68.25
Investment Highlights
- The property is in Waxhaw, a rapidly growing suburb within the Charlotte, North Carolina MSA, one of the fastest-growing metro areas in the Southeast.
- The property is located approximately 0.2 miles from Prescot Village, a 100-acre mixed-use development featuring a 175-unit townhome community and an 83,000 sf neighborhood shopping center anchored b
- 15+ years left on the base term, NNN – no landlord responsibilities, Attractive 5% rental increases every 5 years
Investment Overview
See OM for details
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland