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Restaurant

Arby's

594 N Overland Ave, Burley, ID 83318

Listing Price: $1,338,000

Cap Rate
4.80%
Tenant Name
Arby's
Years Remaining On Lease
13.3
Gross SF
2,302
Guarantor
Personal Guarantee
Rentable SF
2,302
Price/Gross SF
$581.23
Lease Type
Absolute Net
Rent Per Square Feet
$27.89

Investment Overview

Arby’s, founded in 1964, is the second largest sandwich restaurant brand in the world with more than 3,500 restaurants in nine countries.

Burley is a city of about 12,000 residents in south-central Idaho, but its influence extends well beyond its city limits. It serves as the primary commercial and service center for the Mini-Cassia region, which includes Rupert and the surrounding communities of Cassia County and Minidoka County.

Investment Highlights

  • 13+ Years Remaining on Absolute NNN Lease
  • Rental Increases Every Five Years with Multiple Renewal Options
  • Lease is Guaranteed by Sean Cosper, CEO of Home Run Restaurant Group, Inc., Who Currently Operates 11 Locations Throughout Utah, Idaho and Nevada
  • Accessible by 30,155 CPD on the Intersection of Overland Avenue and 400 South Road
  • Households Projected to Increase +6% in 5 Years Within a 1-Mile Radius
  • Surrounded by Local and National Tenants Including Walmart Supercenter, CAL Ranch, Ross, Tractor Supply, and More
  • Situated Less Than 10 Min Drive From Burley Municipal Airport, Intermountain Health, Cassia Regional Hospital, and College of Southern Idaho Mini-Cassia Center

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s) ID: DB54599

    Idaho

Financing By

Listing Price: $1,338,000

Cap Rate
4.80%
Tenant Name
Arby's
Years Remaining On Lease
13.3
Gross SF
2,302
Guarantor
Personal Guarantee
Rentable SF
2,302
Price/Gross SF
$581.23
Lease Type
Absolute Net
Rent Per Square Feet
$27.89

Investment Highlights

  • 13+ Years Remaining on Absolute NNN Lease
  • Rental Increases Every Five Years with Multiple Renewal Options
  • Lease is Guaranteed by Sean Cosper, CEO of Home Run Restaurant Group, Inc., Who Currently Operates 11 Locations Throughout Utah, Idaho and Nevada
  • Accessible by 30,155 CPD on the Intersection of Overland Avenue and 400 South Road
  • Households Projected to Increase +6% in 5 Years Within a 1-Mile Radius
  • Surrounded by Local and National Tenants Including Walmart Supercenter, CAL Ranch, Ross, Tractor Supply, and More
  • Situated Less Than 10 Min Drive From Burley Municipal Airport, Intermountain Health, Cassia Regional Hospital, and College of Southern Idaho Mini-Cassia Center

Investment Overview

Arby’s, founded in 1964, is the second largest sandwich restaurant brand in the world with more than 3,500 restaurants in nine countries. Burley is a city of about 12,000 residents in south-central Idaho, but its influence extends well beyond its city limits. It serves as the primary commercial and service center for the Mini-Cassia region, which includes Rupert and the surrounding communities of Cassia County and Minidoka County.

Broker of Record

  • Adam Lewis

    Senior Managing Director, Market Leader- Colorado/Idaho

    (303) 328-2000

    License(s): ID: DB54599

    Idaho

Financing By

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