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Arby’s | Top 5% Sales Since Pre-COVID | Corpo 2701 Highway 78 E 3,627 SF Retail Building Jasper, AL 35501 $3,348,660 CAD ($923.26 CAD/SF) 5.20% Cap Rate
Investment Highlights
- 2x+ Avg Unit Volume (YoY)
- Corporate-Guaranteed
- Perpetual Rear Signage Easement
- Top 5% Systemwide Sales
- Cross-Parking Easement
- Absolute NNN
Executive Summary
Corporately guaranteed lease from Arby’s Restaurant Group
• Exceptional sales performance | This was the #1 store in the Arby’s system in 2022
and #2 store in 2023 | Speak with Agent for details
• Tenant signed new, 16-year lease extension and renovated site in 2024
• Recent third-party reports available to Buyer, all from 2024
• Excellent access and visibility from Highway 78 (aka State Route 5) and Viking Drive |
Combined ±66,500 VPD
• Outparcel to a strong performing Food City-anchored shopping center
- Arby’s has Reciprocal Parking Easement with Food City
• Permanent easement for pylon signage along Viking Drive | Rare, twopylon signage
at both entrances
• Exceptional sales performance | This was the #1 store in the Arby’s system in 2022
and #2 store in 2023 | Speak with Agent for details
• Tenant signed new, 16-year lease extension and renovated site in 2024
• Recent third-party reports available to Buyer, all from 2024
• Excellent access and visibility from Highway 78 (aka State Route 5) and Viking Drive |
Combined ±66,500 VPD
• Outparcel to a strong performing Food City-anchored shopping center
- Arby’s has Reciprocal Parking Easement with Food City
• Permanent easement for pylon signage along Viking Drive | Rare, twopylon signage
at both entrances
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,627 SF
Building Class
C
Year Built/Renovated
2000/2024
Price
$3,348,660 CAD
Price Per SF
$923.26 CAD
Cap Rate
5.20%
NOI
$174,267 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.66 AC
Zoning
OT
Parking
50 Spaces (13.79 Spaces per 1,000 SF Leased)
Frontage
109’ on Highway 78 East
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-01-11-2-205-002-0040 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $62,720 CAD |
Property Taxes
Parcel Number
17-01-11-2-205-002-0040
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$62,720 CAD
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Arby’s | Top 5% Sales Since Pre-COVID | Corpo | 2701 Highway 78 E
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