1220 Perimeter SE Dr - Retail FOR SALE
Cleveland, TN 37323 |
$2,087,000 USD
513-382-8717
1220 Perimeter SE Dr
Cleveland, TN 37323
OVERVIEW
Arby's Brand New Built Sale Lease Back
NNN Lease No Landlord Responsibilities
Opened in March 2025
20 Year Lease with 4-5 Year Options
Bumps every 5 year of 5.85%
Located in Cleveland, Tennessee A NO INCOME TAX STATE.
Long Time Franchisee owners and operates 70+ locations in 8 states.
Strong Franchisee
FOR SALE DETAILS
PRICE
$2,087,000 USD
PRICE/SF
$732 USD /SF
CAP RATE
5.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Arby's NNN Cleveland, TN. (Newly Built)
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
CROSS STREETS
King St and ST RT 74/64
LAND ACRES
1.14 AC
LAND SF
49,658 SF
ZONING
CH
APN/PARCEL ID
065E-F-014.02
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513-382-8717
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513-382-8717
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