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Arby's 610 Jefferson Blvd 3,592 SF Retail Building Fort Wayne, IN 46802 $2,196,603 CAD ($611.53 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Premier Downtown Fort Wayne Location – Located in Fort Wayne’s central business district.
- Demonstrated Tenant Commitment – The tenant has exercised two renewal options early and recently completed a remodel.
- Strong Traffic and Accessibility – Located along Jefferson Boulevard, a major corridor with average daily traffic of ±15,500 vehicles.
- Established Operating History – Arby’s has operated at this location since 2003, demonstrating over 20 years of stability.
- Corporate Lease – The tenant is RTM Mid-America, LLC, an affiliate of Inspire Brands, providing strong operational backing.
- Absolute Triple Net Lease (NNN) – The property is under an absolute NNN lease, with the tenant responsible for all maintenance, taxes, and insurance.
EXECUTIVE SUMMARY
Kyle Matthews
License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- $67.25 CAD
- Triple Net
- Dec 2023
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 TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | $67.25 CAD | Triple Net | Dec 2023 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-12-02-386-016.000-074 | Improvements Assessment | $462,068 CAD |
| Land Assessment | $725,267 CAD | Total Assessment | $1,187,335 CAD |
PROPERTY TAXES
Presented by
Arby's | 610 Jefferson Blvd
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