Arbys Portfolio

Address:
1619 Rombach Ave
City:
Wilmington
State:
OH
Zip Code:
45177

Building Size:

2,480

Asking Price:

7,543,463

Property Description:

A 6 property portfolio of single tenant net leased Arby’s assets with a 65 Unit Franchisee guarantee. Absolutely NO Landlord responsibilities. All sites are located in (3) Tennessee, (1) Ohio & (2) Indiana. These Arby’s are operated and guaranteed by Restaurant Management Inc., LLC a 65 unit Franchisee. The leases range from 19-13 years on original lease with 3-5 year additional renewal options.  Bumps of 7.5% every 5 years. The annual rent for this location is $59,800 and the lease end is 01/30/2030. 

Location Description:

List Price: $7,543,463 NOI: $452,608.00 Cap Rate: 6.0% Lease Type: NNN