Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Arby's 2404 Forest Hills Rd 2,816 SF Retail Building Wilson, NC 27893 $2,308,231 CAD ($819.68 CAD/SF) 6.75% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Excellent Retail Corridor – Strategically positioned as an outparcel and entrance to a Walmart Supercenter anchored center, the property benefits from
  • Long-Term Operating History – This Arby’s has been successfully operating at the site since 1993, reflecting a long-standing presence, proven sales pe
  • Attractive Percentage Rent – the Lease calls for the Landlord to receive additional rent as a percentage of the Tenant’s sales to further increase inc
  • Strong Traffic Counts – Located along Forest Hills Road and Hwy-264 , which sees over ±54,000 combined vehicles per day, providing excellent visibilit
  • Absolute NNN Lease – Passive investment with zero landlord responsibilities, providing stable cash flow and minimal management obligations.

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,816 SF
Building Class
B
Year Built
1993
Price
$2,308,231 CAD
Price Per SF
$819.68 CAD
Cap Rate
6.75%
NOI
$155,806 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.76 AC
Zoning
B4
Parking
40 Spaces (14.2 Spaces per 1,000 SF Leased)
Frontage
51’ on Forest Hills Rd

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

The Arby's brand purpose is Inspiring Smiles Through Delightful Experiences™. Arby's delivers on its purpose by celebrating the art of Meatcraft® with a variety of high-quality proteins and innovative, crave-able sides, such as Curly Fries and Jamocha shakes. Arby's Fast Crafted® restaurant services feature a unique blend of quick-serve speed combined with the quality and made-for-you care of fast casual. Arby's Restaurant Group, Inc. is the franchisor of the Arby's Brand and is part of the Inspire Brands family of restaurants headquartered in Atlanta, Ga. Arby’s, founded in 1964, is a leading sandwich drive-thru restaurant brand with restaurants globally.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

Scooter's Coffee
Woodforest National Bank
America's Best Wings
Rent-A-Center
Chili's Grill & Bar
Cook Out
HOTWORX
Applebee's
Buffalo Wild Wings
Zaxby's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3712-13-1464.000
Land Assessment
$550,076 CAD
Improvements Assessment
$613,623 CAD
Total Assessment
$1,163,700 CAD
  • Listing ID: 39148204

  • Date on Market: 2026-01-20

  • Last Updated:

  • Address: 2404 Forest Hills Rd, Wilson, NC 27893

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}