Arby's 950 S Broadway

Investment Highlights

Corporate Guarantee ? Lease is Guaranteed by Arby?s Restaurant Group, Inc. Annual Rent Increases ? Rent increases annually providing income growth and a hedge against inflation. Next rent increase to take effect August 2024 Strong Income Area - Average household income is $103,463 in a 5-mile radius. Absolute NNN Lease ? Zero maintenance or expense responsibilities. Recent Remodel ? The tenant conducted an extensive interior remodel in 2022. Strategic Location ? Located on S Broadway, the main retail corridor in Wind Gap (16,800+ VPD) and 1/4 mile from Hwy 33 (37,000 VPD).

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Arby?s located in Wind Gap, Pennsylvania. The Lease is Guaranteed by Arby?s Restaurant Group, Inc. and is absolute NNN with zero landlord responsibilities, making it an ideal management-free investment opportunity for an out of state investor. The lease features annual 1.25% rental increases, the next to occur in August of 2024, which provides an excellent hedge against inflation and some immediate upside. The tenant completed extensive interior Tenant Improvements in 2022, including a new floor, new ceiling tiles, new fixtures and seating/booths. The Arby?s is located on South Broadway, a main north/south commercial corridor in Wind Gap. The subject property is conveniently located within ? mile of State Highway 33, with 33,000 VPD and is surrounded by national tenants which includes CVS, McDonalds, AutoZone, Dunkin Donuts, Taco Bell, Wendy?s Subway, Advance Auto Parts, Dollar Tree, etc. Average Household income within a 5-mile radius of the property is $103,463 per year. Wind Gap is located 90 miles from New York City and 85 miles from Philadelphia PA.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Freestanding General Retail Service Station Fast Food
• Building Size    2,330
• Building Class    B
• Year Built/Renovated    1975/2022
• Price    1,034,000
• Price Per SF    444
• Cap Rate    7.50
• NOI    77,550
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.07
• Land Acres    0.76 AC

• Drive Thru
• Monument Signage