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Arby’s (Strong Store Sales) 1339 US Highway 68 S 2,386 SF Retail Building Maysville, KY 41056 $1,463,000 ($613.16/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Net Lease With 5.2 Years Remaining
- Excellent Access and Visibility on US Highway 62 (18,946 VPD) | 1.30 Acre Parcel
- Experienced Multi-Unit Franchisee – 68 Arby’s Restaurants Across Seven States
- Strong Store Sales – Inquire With Agent for Details
- Top 19% Nationwide for Arby’s Store Visits (Placer.ai)
- Retail Corridor Anchored by Hobby Lobby, Harbor Freight & QSR Co-Tenancy
EXECUTIVE SUMMARY
Offered for sale is the opportunity to acquire an absolute net lease Arby's in Maysville, KY. The property consists of a 2,386-square-foot, freestanding building that sits on approximately 1.3 acres of land. There are 5.2 years remaining on the lease with 7.50 percent rental increases every five years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,386 SF
Building Class
B
Year Built/Renovated
1989/2008
Price
$1,463,000
Price Per SF
$613.16
Cap Rate
6.50%
NOI
$95,036
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.30 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | LV-080.03 | Improvements Assessment | $745,000 |
| Land Assessment | $155,000 | Total Assessment | $900,000 |
PROPERTY TAXES
Parcel Number
LV-080.03
Land Assessment
$155,000
Improvements Assessment
$745,000
Total Assessment
$900,000
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Arby’s (Strong Store Sales) | 1339 US Highway 68 S
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