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1911 Main St
Green Bay, WI 54302
Arby's | Relocation of a 40+ Year Old Site · Retail Property For Sale
Investment Highlights
- 5+ Years Remaining on Absolute Triple-Net (NNN) Lease - Multi-Unit Operator
- Tenant is the 2nd-Largest Arby’s Franchisee with ±119 Locations Across 7 States
- Excellent Frontage Along a Primary East-West Thoroughfare (±18,000 Cars per Day)
- 5% Rental Increases Every 5 Years with Multiple Renewal Options
- Densely-Populated Trade Area in Green Bay - ±134,427 Residents within a 5-Mile Radius
- Situated Along a Busy Retail Corridor - Neighboring Tenants Include Pick ‘n Save, Dollar Tree, ALDI, Kohl’s, PetSmart, and Planet Fitness
Executive Summary
Arby’s Restaurant Group, Inc. is the franchisor of the Arby’s Brand and is part of the Inspire Brands family of restaurants headquartered in Atlanta, GA. Arby’s, founded in 1964, is the second-largest sandwich restaurant brand in the world with more than 3,500 restaurants in nine countries.
Green Bay is a city in, and the county seat of, Brown County, Wisconsin. It is located along the Green Bay inlet at the mouth of the Fox River on Lake Michigan. It is the third-most populous city in Wisconsin.
Green Bay is a city in, and the county seat of, Brown County, Wisconsin. It is located along the Green Bay inlet at the mouth of the Fox River on Lake Michigan. It is the third-most populous city in Wisconsin.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
2016
Price
$1,200,000
Price Per SF
$600
Cap Rate
5.51%
NOI
$66,150
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.91 AC
Zoning
C-2 - C-2
Amenities
- Restaurant
- Drive Thru
Property Taxes
| Parcel Number | 21-1325-3 | Improvements Assessment | $1,704,000 |
| Land Assessment | $601,500 | Total Assessment | $2,305,500 |
Property Taxes
Parcel Number
21-1325-3
Land Assessment
$601,500
Improvements Assessment
$1,704,000
Total Assessment
$2,305,500
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