About This Restaurant
Investment Highlights
Brand New Arby?s Sale-Leaseback with 20 Year Primary Term Rapidly Growing Population Within 5-Mile Radius Over the Past 10 Years With 88,853 Residents Corner Lot Located at the Intersection of E Bismarck Expy Generating 19,000+ VPD and Burlington Dr Generating 4,500 VPD Absolute NNN Lease With Zero Landlord Responsibilities Situated Across Walmart and Sam's Club 2 Miles Away From Bismarck Municipal Airport
Executive Summary
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire an Arby's in Bismarck, ND. It is a brand new Arby's sale-leaseback with 20 year primary term and is located in a corner lot across Walmart and Sam's Club. The subject property is operated by AES Midwest, a 59 unit affiliate of AES Restaurant Group, which operates 187 unites nationwide.Broker of Record: Brian BrockmanBang Realty-Dakotas Inc | ND #10200bor@bangrealty.com | (513) 898-1551
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Storefront Fast Food
- Building Size 3,390
- Year Built 2005
- Price 2,515,600
- Price Per SF 742
- Cap Rate 5.50
- NOI 138,358
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 1.01 AC
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 1462-001-001 | Improvements Assessment | $226,350 |
| Land Assessment | $338,050 | Total Assessment | $564,400 |
| Date Created: | 2024-07-16 04:16:25 | Last Updated: | 2024-07-16 04:16:25 |
| Address: | 3000 Rock Island Pl , Bismarck, North Dakota, 58504 | ||