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680 Us Highway 431 - Arby's, Boaz, AL

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680 Us Highway 431 - Arby's

Boaz, AL 35957-2181

Property Type:Retail Sub Type:Fast Food Status:Existing Year Built:1980
Building Size:3,936 SF Land Area:.93 AC (40,511 SF)
For Sale Price:$1,250,000 Price/SF:$317.58
Cap Rate:6.00 %

Sale Notes:
This is the unique opportunity to purchase a corporately guaranteed Arby' s asset with a newly extended 10 year NNN lease. The lease calls for zero landlord obligations. Rent increases 10% every five years. The asset is located near many national retail tenants in the surrounding area including Walgreens and Dollar General. The new ten year lease takes effect January 1, 2017. Through the remainder of 2016, the effective NOI is $80,707.

SVN The Kase Group
Jacob Abusharkh
(925) 231-1770

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