1734 S Broadway | Minot, ND 58701
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- LoopNet Team
1734 S Broadway
Minot, ND 58701
Arby's Absolute NNN Lease 20 Year Term · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Single-tenant investment opportunity at 5.41% cap rate with NOI of $167,795
- Absolute NNN lease with no expenses to the landlord
- Located along a prime retail corridor near several big box retailers
- The tenant is the third largest franchisee in the Arby’s system with 87 restaurants in 2023
- Single national tenant at 20-year initial term with 10% increases every 5 years and 4 renewal options
- The property has easy access to four-lane highway US 83 with great visibility and high traffic counts (DTV 28,287 DTV at S Broadway and 16th Ave SW N)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,706 SF
Building Class
C
Year Built/Renovated
1980/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.60 AC
Zoning
C2 - General Commercial
AMENITIES
- Drive Thru
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
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