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Restaurant

Arby's

965 N Riverside Dr, Clarksville, TN 37040

Listing Price: $1,804,916

Cap Rate
6.00%
Tenant Name
Arby's
Years Remaining On Lease
7.1
Gross SF
2,995
Guarantor
Corporate Guarantee
Rentable SF
2,995
Price/Gross SF
$602.64
Lease Type
Absolute Net
Rent Per Square Feet
$36.16

Investment Overview

7.13 Years Remaining on Freestanding QSR with Drive-Thru | March 2026 Remodel | Arby’s Restaurant Group Corporately-Guaranteed Absolute NNN Lease - No Landlord Responsibilities | Three 5-Year Options | 10% Rental Increases Every Five Years

High Traffic Exposure: (111,037 Combined VPD) Located in a Highly Trafficked Downtown Area Surrounded by National Retailers | Located at the Intersection of N 2nd Street and N Riverside Dr

University Location: Adjacent to Austin Peay State University with Over 11,000 in Student Enrollment and Staff

Property is Located Near the Vulcan Redevelopment Project, a 30-Acre Downtown Redevelopment Initiative Intended to Transform Downtown Clarksville into a Walkable Urban District | The Redevelopment Includes Approximately 330 Apartments, 65,000+ square feet of Retail Space, a Grocery Store, and Entertainment and Public Space Features

Excellent Demographics: Five-Mile Population is 100,001 and Five-Mile Average Household Income is $73,799

Clarksville is a fast-growing city on the Tennessee-Kentucky Border and is the Heart of the Clarksville TN-KY MSA with Over 351,000 Residents | Clarksville is Experiencing a Population Boom with a Population Growth of 24% Since 2010

Clarksville’s Retail Sector is Expanding Rapidly with Many New Mixed-Use Developments Underway or Planned, Downtown Revitalization Efforts, and Expanding Retail Corridors.

Clarksville is Located Just 45 Miles Northwest of Nashville | Downtown Clarksville is 10 Miles from Fort Campbell, One of the Largest US Army Installations in the US | Home to the 101st Airborne Division, Fort Campbell Supports Over 241,000 Active Military, Family Members, Civilians, and Retired Personnel and is a Major Factor in Clarksville’s Economy

Investment Highlights

  • 7.13 Years Remaining on Freestanding QSR with Drive-Thru | March 2026 Remodel
  • Arby's Restaurant Group Corporately-Guaranteed Absolute NNN Lease - No Landlord Responsibilities | Three 5-Year Options
  • University Location: Adjacent to Austin Peay State University with Over 11,000 in Student Enrollment and Staff

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s) TN: 307629

    Tennessee

Listing Price: $1,804,916

Cap Rate
6.00%
Tenant Name
Arby's
Years Remaining On Lease
7.1
Gross SF
2,995
Guarantor
Corporate Guarantee
Rentable SF
2,995
Price/Gross SF
$602.64
Lease Type
Absolute Net
Rent Per Square Feet
$36.16

Investment Highlights

  • 7.13 Years Remaining on Freestanding QSR with Drive-Thru | March 2026 Remodel
  • Arby's Restaurant Group Corporately-Guaranteed Absolute NNN Lease - No Landlord Responsibilities | Three 5-Year Options
  • University Location: Adjacent to Austin Peay State University with Over 11,000 in Student Enrollment and Staff

Investment Overview

7.13 Years Remaining on Freestanding QSR with Drive-Thru | March 2026 Remodel | Arby’s Restaurant Group Corporately-Guaranteed Absolute NNN Lease - No Landlord Responsibilities | Three 5-Year Options | 10% Rental Increases Every Five Years High Traffic Exposure: (111,037 Combined VPD) Located in a Highly Trafficked Downtown Area Surrounded by National Retailers | Located at the Intersection of N 2nd Street and N Riverside Dr University Location: Adjacent to Austin Peay State University with Over 11,000 in Student Enrollment and Staff Property is Located Near the Vulcan Redevelopment Project, a 30-Acre Downtown Redevelopment Initiative Intended to Transform Downtown Clarksville into a Walkable Urban District | The Redevelopment Includes Approximately 330 Apartments, 65,000+ square feet of Retail Space, a Grocery Store, and Entertainment and Public Space Features Excellent Demographics: Five-Mile Population is 100,001 and Five-Mile Average Household Income is $73,799 Clarksville is a fast-growing city on the Tennessee-Kentucky Border and is the Heart of the Clarksville TN-KY MSA with Over 351,000 Residents | Clarksville is Experiencing a Population Boom with a Population Growth of 24% Since 2010 Clarksville’s Retail Sector is Expanding Rapidly with Many New Mixed-Use Developments Underway or Planned, Downtown Revitalization Efforts, and Expanding Retail Corridors. Clarksville is Located Just 45 Miles Northwest of Nashville | Downtown Clarksville is 10 Miles from Fort Campbell, One of the Largest US Army Installations in the US | Home to the 101st Airborne Division, Fort Campbell Supports Over 241,000 Active Military, Family Members, Civilians, and Retired Personnel and is a Major Factor in Clarksville’s Economy

Exclusively Listed By

Broker of Record

  • Jody McKibben

    Senior Managing Director, Market Leader - Mid-South

    (615) 997-2800

    License(s): TN: 307629

    Tennessee

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