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Restaurant

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

1200 Grand Central Ave, Vienna, WV 26105

Listing Price: $2,863,049

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Guarantor
Franchisee Guarantee
Rentable SF
2,750
Lease Type
Absolute Net
Rent Per Square Feet
$46.85

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 1200 Grand Central Avenue, Vienna, WV. The site consists of 2,750 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 $128,837. 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 a Lowe’s 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-77, the subject property is surrounded with the following major tenants in the immediate area; Lowe’s Supercenter, Aldi, 7-Eleven, Goodwill, Sam’s Club, Walmart Super Center, Hobby Lobby, The Home Depot, Big Lots, JCPenney, The Grand Central Mall, as well as many more. This Arby’s also benefits from its proximity to the Wingate By Windham, , Quality Inn, Holiday Inn, Camden Clark Medical Center, Parkersburg City Park, and The McDonough Wildlife Refuge.

Investment Highlights

  • Limited competition in the immediate markets
  • Legacy location with historic following
  • Strong Generational Site and Market

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s) WV0019009

    West Virginia

Financing By

Restaurant

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

Listing Price: $2,863,049

Cap Rate
4.50%
Tenant Name
AES Restaurant Group, LLC.
Guarantor
Franchisee Guarantee
Rentable SF
2,750
Lease Type
Absolute Net
Rent Per Square Feet
$46.85

Investment Highlights

  • Limited competition in the immediate markets
  • Legacy location with historic following
  • Strong Generational Site and Market

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for the Arby’s restaurant located at 1200 Grand Central Avenue, Vienna, WV. The site consists of 2,750 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 $128,837. 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 a Lowe’s 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-77, the subject property is surrounded with the following major tenants in the immediate area; Lowe’s Supercenter, Aldi, 7-Eleven, Goodwill, Sam’s Club, Walmart Super Center, Hobby Lobby, The Home Depot, Big Lots, JCPenney, The Grand Central Mall, as well as many more. This Arby’s also benefits from its proximity to the Wingate By Windham, , Quality Inn, Holiday Inn, Camden Clark Medical Center, Parkersburg City Park, and The McDonough Wildlife Refuge.

Exclusively Listed By

Broker of Record

  • Francis McGuire

    Broker Of Record

    (304) 751-6577

    License(s): WV0019009

    West Virginia

Financing By

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