Arby's, Greenville, NC

1884 East Fire Tower Road
Greenville, NC 27858

PROPERTY SOLD

Property: Investment Sales

Price: $1,900,000

Cap Rate: Call

Description:

  • Arby’s Restaurant Group, Inc. (Corporate)
  • 1884 East Fire Tower Rd, located 2.5 miles south of downtown Greenville and East Carolina University
  • 3,015 square feet developed in 2008 on 1.26 acres on a major trade area corridor
  • Tenant is on a 20-year NNN lease with 6.5% rent bumps every 5 years and 4,5-year options
  • All cash buyer paid $1,900,00 and closed escrow on 12/18/08, 38 days after signing contract
  • Buyer was a private holding company out of FL completing a 1031 tax deferred exchange

Arby's, Greenville, NC

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Contact

Adam Chandler
Agent
(864) 905-4780 - Mobile
achandler@realtylinkdev.com