Skip to main content

Restaurant

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

531 Sagamore Pkwy W, West Lafayette, IN 47906

Listing Price: $2,559,931

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Guarantor
Franchisee Guarantee
Rentable SF
5,287
Lease Type
Absolute Net
Rent Per Square Feet
$21.79

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 531 Sagamore Parkway West, West Lafayette, Indiana. The site, consists of 5,287 total square feet of building space and sits on 0.57 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 $115,197. 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 Fresh Thyme Market Place, 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 I-65, the subject property is surrounded with the following major tenants in the immediate area; Fresh Thyme Market, Walmart’s Supercenter, Starbucks, McAlister’s Deli, Walgreens, Paless Supermarket, CVS, Sunspot Natural Market, Burger King, as well as many more. This Arby’s also benefits from its proximity to the Westminster Village, Cumberland Pointe Health Campus, as well as the Purdue University Campus.

Investment Highlights

  • Anchored by Fresh Thyme Market Place and Healthies West Lafayette
  • Limited Competition in the immediate markets
  • Freshly renovated site

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Restaurant

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

Listing Price: $2,559,931

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Guarantor
Franchisee Guarantee
Rentable SF
5,287
Lease Type
Absolute Net
Rent Per Square Feet
$21.79

Investment Highlights

  • Anchored by Fresh Thyme Market Place and Healthies West Lafayette
  • Limited Competition in the immediate markets
  • Freshly renovated site

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 531 Sagamore Parkway West, West Lafayette, Indiana. The site, consists of 5,287 total square feet of building space and sits on 0.57 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 $115,197. 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 Fresh Thyme Market Place, 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 I-65, the subject property is surrounded with the following major tenants in the immediate area; Fresh Thyme Market, Walmart’s Supercenter, Starbucks, McAlister’s Deli, Walgreens, Paless Supermarket, CVS, Sunspot Natural Market, Burger King, as well as many more. This Arby’s also benefits from its proximity to the Westminster Village, Cumberland Pointe Health Campus, as well as the Purdue University Campus.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

MM Texture Background
MM Textured Background Lower