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Arby’s (Strong Store Sales) 1339 US Highway 68 S 2,386 SF Retail Building Maysville, KY 41056 $2,042,231 CAD ($855.92 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Net Lease With 5.2 Years Remaining
- Excellent Access and Visibility on US Highway 62 (18,946 VPD) | 1.30 Acre Parcel
- Experienced Multi-Unit Franchisee – 68 Arby’s Restaurants Across Seven States
- Strong Store Sales – Inquire With Agent for Details
- Top 19% Nationwide for Arby’s Store Visits (Placer.ai)
- Retail Corridor Anchored by Hobby Lobby, Harbor Freight & QSR Co-Tenancy
EXECUTIVE SUMMARY
Offered for sale is the opportunity to acquire an absolute net lease Arby's in Maysville, KY. The property consists of a 2,386-square-foot, freestanding building that sits on approximately 1.3 acres of land. There are 5.2 years remaining on the lease with 7.50 percent rental increases every five years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,386 SF
Building Class
B
Year Built/Renovated
1989/2008
Price
$2,042,231 CAD
Price Per SF
$855.92 CAD
Cap Rate
6.50%
NOI
$132,663 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.30 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | LV-080.03 | Improvements Assessment | $1,050,524 CAD |
| Land Assessment | $218,565 CAD | Total Assessment | $1,269,090 CAD |
PROPERTY TAXES
Parcel Number
LV-080.03
Land Assessment
$218,565 CAD
Improvements Assessment
$1,050,524 CAD
Total Assessment
$1,269,090 CAD
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Arby’s (Strong Store Sales) | 1339 US Highway 68 S
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