Arby’s (Atlanta MSA)

Arby's (Atlanta MSA)

1301 Nathan Dean Pkwy
Rockmart, GA 30153

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)