268 Smokey Park Hwy
Asheville, NC 28806
Arby's · Retail Property For Sale

Marcus & Millichap is pleased to present for sale a 2,020 square foot, single tenant restaurant located in Asheville, North Carolina. The subject property was constructed in 2015 and is situated on 0.96 acres. The current tenant, Arby’s, executed a 20 year, Absolute-Net lease in 2016, which features four (4), five (5) year options. The guarantor, Brumit Restaurant Group, is one the largest franchises in the country with 52-Arby’s Units. The subject property is conveniently located on Smokey Park Highway (19,000 vehicles per day). The property is strategically positioned near an interchange for Interstate 40, which generates 89,000 vehicles per day. Traffic generators in the immediate area include a Bojangles’, Subway, and Burger King on both side and an 84 Lumber store just behind the property. An IHOP, Ramada by Wyndham, Applebee’s, Wendy’s, FATZ, and a Mazda Dealership are located to the North of the subject property across Smokey Park Highway. Additional points of interest include Asheville School, Lowe’s Home Improvement, Country Inn & Suites, Cracker Barrel, Comfort Inn, The Home Depot, BI-LO, CVS, and Sand Hill-Venable Elementary School. There are approximately 67,689 people within a five (5) mile radius of the subject property and an average household income of more than $55,800 within the same radius.