120 Mall Ring Rd
Westminster, MD 21157
Arby's · Retail Property For Sale

The offering is located in Westminster, Maryland, a part of the greater BaltimoreWashington Combined Statistical Area. This Arby’s is situated off Baltimore Boulevard (Route-140), the main retail corridor of the city, and benefits from a daily average of 60,000 cars passing through the immediate vicinity. With a track record of successful operation at this location for the past nineteen years, this Arby’s recently executed an amendment to add additional term to the lease at a higher rental rate. The extension demonstrates not only a commitment to the location but also the vitality of the region. As an out parcel of the 620,000 square foot TownMall of Westminster, the offering enjoys both destination dining as well as local patrons. The lease is an absolute net lease with zero landlord responsibilities and corporately guaranteed. There are over five years of primary term remaining with one, five-year option that calls for a fifteen percent increase at the start of the next option.