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Arby’s 705 N Meridian St 4,633 SF 100% Leased Retail Building Portland, IN 47371 $2,361,907 CAD ($509.80 CAD/SF) 5.50% Cap Rate

Retail Spaces Indiana Portland 705 N Meridian St, Portland, IN 47371

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with Corporate Guarantee: Backed by Arby’s Restaurant Group, Inc., the lease offers passive ownership
  • Rare 1.5% Annual Rent Escalations: Annual rental increases enhance yield and provide a hedge against inflation
  • Established Operating History: Arby’s has occupied the site since 1997, demonstrating long-term operational success
  • Long-Term Lease Term with ±11 Years Remaining: Lease extends through December 31, 2036, providing stable, predictable cash flow for over a decade.
  • Attractive Pricing and Cap Rate: Offered at $1,712,855 with a 5.50% capitalization rate, supported by strong tenant performance and corporate credit.
  • Modern 2018 Construction to Current Prototype: Redeveloped in 2018 to align with Arby’s “Inspire” design

EXECUTIVE SUMMARY

Broker of Record
Kyle Matthews
License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
4,633 SF
Year Built
2018
Price
$2,361,907 CAD
Price Per SF
$509.80 CAD
Cap Rate
5.50%
NOI
$129,905 CAD
Percent Leased
100%
Building Height
1 Story

LINKS

1 1

NEARBY MAJOR RETAILERS

First Financial Bank
First Merchants Bank
Ponderosa Steakhouse
Rent-A-Center
Buffalo Wings & Rings
(646) 921-9713

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Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38743224

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 705 N Meridian St, Portland, IN 47371

The Retail Property at 705 N Meridian St, Portland, IN 47371 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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Arby’s | 705 N Meridian St
(646) 921-9713 x

Arby’s | 705 N Meridian St

Michael Tamir
(646) 921-9713

Kevin Puder
(949) 777-5987

Chad Kurz
(949) 662-2252

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