Restaurant
Arby's
965 N Riverside Dr, Clarksville, TN 37040
Listing Price: $1,804,916
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
Listing Price: $1,804,916
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