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Restaurant

Arby's 8 Year Triple Net Shadow Anchored Sam's Club

3818 W War Memorial Dr, Peoria, IL 61615

Listing Price: $1,090,000

Cap Rate
7.40%
Tenant Name
Arby's
Years Remaining On Lease
7.8
Gross SF
3,300
Guarantor
Franchisee Guarantee
Rentable SF
3,300
Price/Gross SF
$330.30
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.43

Investment Overview

Marcus & Millichap is pleased to present the retail investment opportunity located at 3818 West War Memorial Drive in Peoria, Illinois. The offering consists of a 3,300-square-foot building situated on a 2.08 acre lot and provides investors with the potential for durable cash flow through a triple net (NNN) lease
structure. The same lease structure features 8 years remaining and incurs zero landlord responsibilities. As a result, investors are well positioned to take on a passive ownership role while enjoying long-term income visibility.

Investment Highlights

  • 8 Years Remaining on Triple Net Lease | Zero Landlord Responsibilities
  • 3,300 SF Building on 2.08 acre lot
  • Lease Guarantee from Turbo Restaurants Operates 223 Arby's Locations
  • Shadow Anchored by Sam's Club Shopping Center includingKohls, Olive Garden, Dollar Tree, McDonald's, CVS and More
  • Three-Mile Population of 35,918 and Average Household Income of $114,960
  • Frontage on W War Memorial Drive with 22,800 VPD

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Restaurant

Arby's 8 Year Triple Net Shadow Anchored Sam's Club

Listing Price: $1,090,000

Cap Rate
7.40%
Tenant Name
Arby's
Years Remaining On Lease
7.8
Gross SF
3,300
Guarantor
Franchisee Guarantee
Rentable SF
3,300
Price/Gross SF
$330.30
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.43

Investment Highlights

  • 8 Years Remaining on Triple Net Lease | Zero Landlord Responsibilities
  • 3,300 SF Building on 2.08 acre lot
  • Lease Guarantee from Turbo Restaurants Operates 223 Arby's Locations
  • Shadow Anchored by Sam's Club Shopping Center includingKohls, Olive Garden, Dollar Tree, McDonald's, CVS and More
  • Three-Mile Population of 35,918 and Average Household Income of $114,960
  • Frontage on W War Memorial Drive with 22,800 VPD

Investment Overview

Marcus & Millichap is pleased to present the retail investment opportunity located at 3818 West War Memorial Drive in Peoria, Illinois. The offering consists of a 3,300-square-foot building situated on a 2.08 acre lot and provides investors with the potential for durable cash flow through a triple net (NNN) lease structure. The same lease structure features 8 years remaining and incurs zero landlord responsibilities. As a result, investors are well positioned to take on a passive ownership role while enjoying long-term income visibility.

Exclusively Listed By

Broker of Record

  • Steven Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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