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Arby's | Terre Haute, IN 3670 S US Highway 41 3,404 SF Retail Building Terre Haute, IN 47802 $1,994,000 ($585.78/SF) 5.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Ground Lease (Zero Landlord Responsibilities)
- Long-Term Lease with 14 Years Remaining
- Premier Retail Visibility in a High-Traffic Corridor
- Recent Complete Rebuild of Property
- Two 5-Year Options with 10% Rent Increases
- Recently Constructed to Arby’s “Inspire” Prototype
EXECUTIVE SUMMARY
Absolute NNN Ground Lease | High-Traffic Retail Corridor (37,000+ CPD) | Recently Constructed “Inspire” Prototype
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,404 SF
Building Class
C
Year Built
2019
Price
$1,994,000
Price Per SF
$585.78
Cap Rate
5.60%
NOI
$111,664
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.67 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 84-09-04-451-011.000-005 | Improvements Assessment | $487,200 |
| Land Assessment | $0 | Total Assessment | $487,200 |
PROPERTY TAXES
Parcel Number
84-09-04-451-011.000-005
Land Assessment
$0
Improvements Assessment
$487,200
Total Assessment
$487,200
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Arby's | Terre Haute, IN | 3670 S US Highway 41
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