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Arby's 1025 Asheville hwy 3,200 SF Retail Building Brevard, NC 28712 $2,685,000 ($839.06/SF) 5.75% Cap Rate
Investment Highlights
- Absolute net lease | Zero landlord responsibilities
- Newly renovated in 2022
- Experienced operator | Brumit Restaurant Group | 65 locations
- Signalized corner intersection | Osborne Rd & N Broad St | 24,800 VPD combined
- Desirable lease term | 16.5 years remaining
- Great visibility & access from N Broad St | 23,000 VPD
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Arby's in Brevard, NC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Building Size
3,200 SF
Building Class
B
Year Built
2002
Price
$2,685,000
Price Per SF
$839.06
Cap Rate
5.75%
NOI
$154,416
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.28 AC
Zoning
Commercial
Parking
58 Spaces (18.13 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 5
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Arby's | 1025 Asheville hwy
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