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Restaurant

Arby's Sale-Leaseback | New 20-Year Absolute NNN Lease | 158-Unit Franchisee

5770 N Springboro Pike, Dayton, OH 45439

Listing Price: $2,057,840

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Gross SF
3,010
Guarantor
Franchisee Guarantee
Rentable SF
3,010
Price/Gross SF
$683.67
Lease Type
Absolute Net
Rent Per Square Feet
$30.77

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 5770 North Springboro Pike, Dayton, Ohio. The site, consists of 3,010 total square feet of building space and sits on 0.69 acres of land. The site will be subject to a 20-year sale-leaseback with A.E.S. Starting in year one, the base rent shall be $92,603. The lease will call for 6.5% rental escalations each five year period during the base term and throughout the four, five-year renewal option periods (40-year total term). Anchored by The Kroger Market Place, a Kroger anchored Supercenter, the subject property benefits from being located in a high traffic area with a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Just west of high-way exit ramp I-75, the subject property is surrounded with the following major tenants in the immediate area; Kroger, Autozone, Meijer, Crown Cork & Seal, Dollar General, Walgreens, Fifth Third Bank, as well as many more. This Arby’s also benefits from its proximity to the Dovetree Apartments, Creekside Villas, Cobblegate Square Apartments, Walnut Creek Senior Living Campus as well as the Suites at Walnut Creek.

Investment Highlights

  • Legacy Market Location with a generational following
  • Anchored by Kroger Marketplace with several strong market drivers
  • Long-Term Experienced Ownership with History of Success and Future Growth Plan

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Financing By

Restaurant

Arby's Sale-Leaseback | New 20-Year Absolute NNN Lease | 158-Unit Franchisee

Listing Price: $2,057,840

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Gross SF
3,010
Guarantor
Franchisee Guarantee
Rentable SF
3,010
Price/Gross SF
$683.67
Lease Type
Absolute Net
Rent Per Square Feet
$30.77

Investment Highlights

  • Legacy Market Location with a generational following
  • Anchored by Kroger Marketplace with several strong market drivers
  • Long-Term Experienced Ownership with History of Success and Future Growth Plan

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 5770 North Springboro Pike, Dayton, Ohio. The site, consists of 3,010 total square feet of building space and sits on 0.69 acres of land. The site will be subject to a 20-year sale-leaseback with A.E.S. Starting in year one, the base rent shall be $92,603. The lease will call for 6.5% rental escalations each five year period during the base term and throughout the four, five-year renewal option periods (40-year total term). Anchored by The Kroger Market Place, a Kroger anchored Supercenter, the subject property benefits from being located in a high traffic area with a strong retail corridor surrounded by national and local tenants, shopping centers and hospitality accommodations. Just west of high-way exit ramp I-75, the subject property is surrounded with the following major tenants in the immediate area; Kroger, Autozone, Meijer, Crown Cork & Seal, Dollar General, Walgreens, Fifth Third Bank, as well as many more. This Arby’s also benefits from its proximity to the Dovetree Apartments, Creekside Villas, Cobblegate Square Apartments, Walnut Creek Senior Living Campus as well as the Suites at Walnut Creek.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

Financing By

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