1135 Muldoon Rd - Fast Food FOR SALE


Anchorage, AK 99504- Northeast Anchorage
$2,000,000 USD
949-506-2009
1135 Muldoon Rd, Anchorage, AK for Sale
$2,000,000 USD
Fast Food - FOR SALE
1/9
null | 6.25% Cap Rate

1135 Muldoon Rd
Anchorage, AK 99504
Northeast Anchorage


HIGHLIGHTS

  • New, 20-Year NNN Lease | Experienced Operator | Healthy Sales Performance
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Prime Anchorage Location | Fred Meyer Outparcel | High Traffic Corridor
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a brand-new 20-year, absolute NNN leased Arby’s investment property located in Anchorage, Alaska. The tenant, DRG Alaska Meats, LLC, a subsidiary of Diversified Restaurant Group (DRG), operates this location as part of a highly experienced franchise group with approximately 366 Taco Bell and Arby’s restaurants nationwide. The lease features 8% rental increases every five years, providing consistent NOI growth and a hedge against inflation. The property also underwent a $550,000+ remodel in 2018 to Arby’s latest prototype design. The absolute NNN lease structure includes zero landlord responsibilities, as the tenant is responsible for all CAM, taxes, insurance, and maintenance, making this an ideal, management-free investment for an out-of-state, passive investor.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$645 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arby's | New 20yr NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

B3SL

APN/PARCEL ID

00612161000

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.