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Restaurant

Arby’s | Abs. Net | Upcoming 8% Rent Increase | Large Signalized Corner Lot

2022 Lincoln Hwy, Goshen, IN 46526

Listing Price: $2,968,000

Cap Rate
5.09%
Tenant Name
Arby's
Years Remaining On Lease
6.6
Guarantor
Franchisee Guarantee
Rentable SF
2,788
Lease Type
Absolute Net
Rent Per Square Feet
$54.22

Investment Overview

Marcus & Millichap is pleased to bring to market Arby's located in Goshen, IN.

Investment Highlights

  • Freestanding Arby's with Drive-Thru | Absolute Net Lease | Zero Landlord Responsibilities | 2018 Renovation
  • Over Six Years of Lease Term Remaining | Two, Five-Year Options with 8 Percent Rental Increase at the Beginning of Each
  • Located on a Signalized Hard Corner with Dedicated Turn Lanes | Lincoln Hwy. and Eisenhower Dr. N Which Sees Over 25,100 VPD Combined
  • Surrounding National Tenants Include Walmart Supercenter, Aldi, Menards, Tractor Supply Co, Walgreens, Dollar Tree, Dollar General, Goodwill, McDonald's, Starbucks, Culver's, and More
  • Positioned within the Heart of Goshen's Main Employment Corridor Hosting Over 9.2M SF of Industrial Space (Which Draws Employees All Over the Regional Area)
  • Nearly 18 Percent Growth in Population and Over 29 Percent Growth in Household Income Since 2000 within Five Miles | Goshen Has the Lowest Unemployment Rate in the Country at 0.9% (U.S. Bureau of Labor Statistics)
  • Goshen is the County Seat of Elkhart County | Located Approximately 30 Miles SE of South Bend, IN, 54 Miles NW of Fort Wayne, IN, and 135 Miles W of Toledo, OH

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Restaurant

Arby’s | Abs. Net | Upcoming 8% Rent Increase | Large Signalized Corner Lot

Listing Price: $2,968,000

Cap Rate
5.09%
Tenant Name
Arby's
Years Remaining On Lease
6.6
Guarantor
Franchisee Guarantee
Rentable SF
2,788
Lease Type
Absolute Net
Rent Per Square Feet
$54.22

Investment Highlights

  • Freestanding Arby's with Drive-Thru | Absolute Net Lease | Zero Landlord Responsibilities | 2018 Renovation
  • Over Six Years of Lease Term Remaining | Two, Five-Year Options with 8 Percent Rental Increase at the Beginning of Each
  • Located on a Signalized Hard Corner with Dedicated Turn Lanes | Lincoln Hwy. and Eisenhower Dr. N Which Sees Over 25,100 VPD Combined
  • Surrounding National Tenants Include Walmart Supercenter, Aldi, Menards, Tractor Supply Co, Walgreens, Dollar Tree, Dollar General, Goodwill, McDonald's, Starbucks, Culver's, and More
  • Positioned within the Heart of Goshen's Main Employment Corridor Hosting Over 9.2M SF of Industrial Space (Which Draws Employees All Over the Regional Area)
  • Nearly 18 Percent Growth in Population and Over 29 Percent Growth in Household Income Since 2000 within Five Miles | Goshen Has the Lowest Unemployment Rate in the Country at 0.9% (U.S. Bureau of Labor Statistics)
  • Goshen is the County Seat of Elkhart County | Located Approximately 30 Miles SE of South Bend, IN, 54 Miles NW of Fort Wayne, IN, and 135 Miles W of Toledo, OH

Investment Overview

Marcus & Millichap is pleased to bring to market Arby's located in Goshen, IN.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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