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