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Arby's 2216 E Main St 2,643 SF Retail Building Lincolnton, NC 28092 $3,746,654 CAD ($1,417.58 CAD/SF) 5.75% Cap Rate
Investment Highlights
- Brand new 21+ year lease | Absolute net lease | Zero landlord responsibilities
- Experienced operator | Brumit Restaurant Group | 67+ locations across NC, SC, & TN
- Great visibility from E Main St | 27,500 VPD
- Proven location with trusted consumer base | Arby’s has been at this site since 1998 | Building was recently renovated in 2018
- Located inside of dense retail corridor | 1.9M SF within a 2-mile radius
- Large industrial presence nearby | 1.6M SF of space within a 2-mile radius
Executive Summary
Ransome Foose and Bekeley Capital Advisors are pleased to present for sale Arby's in Lincolnton, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,643 SF
Building Class
B
Year Built/Renovated
1998/2018
Price
$3,746,654 CAD
Price Per SF
$1,417.58 CAD
Cap Rate
5.75%
NOI
$215,427 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.86 AC
Zoning
Commercial
Parking
31 Spaces (11.73 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 51290 | Improvements Assessment | $1,055,319 CAD |
| Land Assessment | $489,102 CAD | Total Assessment | $1,544,421 CAD |
Property Taxes
Parcel Number
51290
Land Assessment
$489,102 CAD
Improvements Assessment
$1,055,319 CAD
Total Assessment
$1,544,421 CAD
Contacts
-
Ransome Foose -
Carl Brendes -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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Arby's | 2216 E Main St
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