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Restaurant

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

1521 OH-7, Gallipolis, OH 45631

Listing Price: $3,173,308

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Gross SF
3,450
Guarantor
Franchisee Guarantee
Rentable SF
3,450
Price/Gross SF
$919.80
Lease Type
Absolute Net
Rent Per Square Feet
$41.39

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 1521 State Road 7 South, Gallipolis, OH 45631. The site, (newly renovated in 2020), consists of 3,450 total square feet of building space and sits on 1.02 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 $142,799. 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). Shadow Anchored by Gallipolis Market Place, a Walmart 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 US-35, the subject property is surrounded with the following major tenants in the immediate area; McDonald’s, Smith Chevrolet, Walmart Super Center, Big Lots, Aldi, Rural King Farm Equipment, AT&T, GameStop, Western Union, Verizon, as well as many more. This Arby’s also benefits from its proximity to the Hampton Inn, Quality Inn, Holzer Medical Center, Gallipolis City Park, Cliffside Golf Course, Gallia-Meigs Regional Airport, and Gallipolis Island.

Investment Highlights

  • Freshly Renovated Site in 2020 with historical performance and legacy consumer base.
  • 20-Year Absolute NNN Lease with Top Operating Franchisee
  • Shadow Anchored by Gallipolis Marketplace, a Walmart Anchored Super Center

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: $3,173,308

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Gross SF
3,450
Guarantor
Franchisee Guarantee
Rentable SF
3,450
Price/Gross SF
$919.80
Lease Type
Absolute Net
Rent Per Square Feet
$41.39

Investment Highlights

  • Freshly Renovated Site in 2020 with historical performance and legacy consumer base.
  • 20-Year Absolute NNN Lease with Top Operating Franchisee
  • Shadow Anchored by Gallipolis Marketplace, a Walmart Anchored Super Center

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 1521 State Road 7 South, Gallipolis, OH 45631. The site, (newly renovated in 2020), consists of 3,450 total square feet of building space and sits on 1.02 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 $142,799. 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). Shadow Anchored by Gallipolis Market Place, a Walmart 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 US-35, the subject property is surrounded with the following major tenants in the immediate area; McDonald’s, Smith Chevrolet, Walmart Super Center, Big Lots, Aldi, Rural King Farm Equipment, AT&T, GameStop, Western Union, Verizon, as well as many more. This Arby’s also benefits from its proximity to the Hampton Inn, Quality Inn, Holzer Medical Center, Gallipolis City Park, Cliffside Golf Course, Gallia-Meigs Regional Airport, and Gallipolis Island.

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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