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Arby's 2697 W Main St W 3,848 SF Retail Building Snellville, GA 30078 $1,458,154 ($378.94/SF) 5.85% Cap Rate
Executive Summary
For sale is an absolute net-leased Arby's with term through July 31, 2028. The NNN lease has fixed annual rent of $85,302. The lease has four (4), five (5) year options to renew with a 5% fixed rent increase. The 3,848 SF +/- QSR sits on .97 acres. The site is highly visible on Main St with a 47,300 daily traffic count.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,848 SF
Building Class
B
Year Built
1984
Price
$1,458,154
Price Per SF
$378.94
Cap Rate
5.85%
NOI
$85,302
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.75 AC
Zoning
BG-General - Buisness General - Snellville
Parking
40 Spaces (10.4 Spaces per 1,000 SF Leased)
Frontage
144’ on Main St
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 5-026-003 | Improvements Assessment | $949,960 |
| Land Assessment | $111,720 | Total Assessment | $1,061,680 |
Property Taxes
Parcel Number
5-026-003
Land Assessment
$111,720
Improvements Assessment
$949,960
Total Assessment
$1,061,680
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Arby's | 2697 W Main St W
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