ARBY'S

2,296 SF | Retail Building | Humboldt, TN 38343 | $1,545,454 ($673/SF) | 5.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,545,454

Property Type
Retail, Restaurant
Square Feet
2,296 SF
Price / Square Foot
$673

Listing Contacts

Harrison Wachtler
Harrison Wachtler
Verified Profile
Clay Smith
Clay Smith
Verified Profile
Keegan Mulcahy
Keegan Mulcahy
Verified Profile
Hutt Cooke
Hutt Cooke
Verified Profile
  • Property Info

Property Overview

Broker of Record
Hutt Cooke
License No. 263667 (TN)
(866) 899-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Details

Class
C
Year Built
2022
Stories
1
Lot Size (sq. ft)
49,223 SF

Highlights

  • The lease is corporately guaranteed, and Arby’s is a flagship concept of Inspire Brands with nearly 4,000 locations nationwide.
  • The tenant is responsible for the direct payment of all taxes, insurance, and common area maintenance associated with the property,
  • The tenant has five, 5-year options to renew the lease after the primary lease term.
  • This building was built in 2022 and features the brand new prototype design for Arby’s.
  • The site is located as an out parcel in front of a highly trafficked Walmart supercenter. This is the only Walmart within a 15-mile radius
  • The site is located on the main retail artery and thoroughfare in Humboldt, which includes tenants such as Simmons Bank, Wendy’s, Wall Street Grill,

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