Properties

Notice: Undefined offset: 0 in /var/www/vhosts/realtylinkdev.com/httpdocs/wp-content/themes/dazzling/single-property.php on line 65

Arby's (Atlanta MSA)

1301 Nathan Dean Pkwy
Rockmart, GA 30153

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 2,992

Acreage: +/- 0.78

Price: $1,250,000

Cap Rate: 6.0%

Description:

• Absolute NNN corporate lease with a corporate guaranty (Arby’s Restaurant Group)
• Store sales increased over 57% since 2011 with a current rent-to-sales ratio of 8.5%
• 10 year lease extension commenced in November 2015
• 2007 construction on a .78 acre corner site on the region’s primary corridor (US Hwy 278)
• 2014 traffic counts over 19,000 cars per day in front of subject property
• 2015 trade area population over 123,000 within a 15 mile radius
• 1 hour from Atlanta near Walmart and Rockmart High/Middle Schools (1600 students)