Log In/Sign Up
Your email has been sent.
Arby's NNN Cleveland, TN. (Newly Built) 1220 Perimeter SE Dr 2,445 SF Retail Building Cleveland, TN 37323 $2,482,566 CAD ($1,015.36 CAD/SF) 6% Cap Rate
Investment Highlights
- Arby's Brand New Built NNN
- Located in Cleveland, TN (A No Income Tax State)
- Strong Franchisee
- 20 year lease with 4-5 year options
- Located off Interstate 74 & 64 (40,000 Autos a Day)
- 7% Bumps every 5 years.
Executive Summary
Arby's Brand New Built Sale Lease Back
NNN Lease No Landlord Responsibilities
Opened in March 2025
20 Year Lease with 4-5 Year Options
Bumps every 5 years of 7.00%
Located in Cleveland, Tennessee A NO INCOME TAX STATE.
Long Time Franchisee owners and operates 70+ locations in 7 states.
Being Sold under Building Cost
Strong Franchisee
NNN Lease No Landlord Responsibilities
Opened in March 2025
20 Year Lease with 4-5 Year Options
Bumps every 5 years of 7.00%
Located in Cleveland, Tennessee A NO INCOME TAX STATE.
Long Time Franchisee owners and operates 70+ locations in 7 states.
Being Sold under Building Cost
Strong Franchisee
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,445 SF
Building Class
B
Year Built
2025
Price
$2,482,566 CAD
Price Per SF
$1,015.36 CAD
Cap Rate
6%
NOI
$148,954 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.14 AC
Zoning
CH - Designed regulate land use along major roadways or highways.
Frontage
160’ on PERIMETER DR
Nearby Major Retailers
Property Taxes
| Parcel Number | 065E-F-014.02 | Improvements Assessment | $312,634 CAD |
| Land Assessment | $202,923 CAD | Total Assessment | $515,557 CAD |
Property Taxes
Parcel Number
065E-F-014.02
Land Assessment
$202,923 CAD
Improvements Assessment
$312,634 CAD
Total Assessment
$515,557 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Arby's NNN Cleveland, TN. (Newly Built) | 1220 Perimeter SE Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.