Investment Highlights
9 Years Remaining | Corporate Guaranteed |Scheduled Rental Increases | Established Brand
Nearby Walmart & Target | Retail Corridor |Strong National/Credit Tenant Presence
Direct Residential Consumer Base | Six-Figure Incomes |Strong Demographics in 5-Mile Trade Area
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Quick Access to State Highway 36 | Drive-Thru Equipped
Executive Summary
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, corporate guaranteed, drive-thru equipped, Arby?s investment property located in Oak Park Heights, Minnesota (Minneapolis-St. Paul MSA). The tenant, Franchise Associates LLC, has 9 years years remaining in their initial lease term with 2 (5-year) options to extend. The lease features a 5% rental increase in August 2026 and 8% increases at the beginning of each option period, growing NOI and hedging against inflation. The lease is corporate guaranteed by RTM, Inc., a subsidiary of Arby?s Restaurant Group, Inc., and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Arby?s is the second-largest sandwich restaurant brand in the world with more than 3,400 restaurants in eight countries.
