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3915 E Ridge Rd
Highland, IN 46322
Arby's - Highland (Near Chicago) · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,030 SF
Building Class
C
Year Built/Renovated
1972/2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.76 AC
Parking
56 Spaces (10 Spaces per 1,000 SF Leased)
About 3915 E RIDGE RD , HIGHLAND, IN 46322
Marcus & Millichap offers for sale an absolute NNN leased Arby's located in Highland, Indiana just a short drive from Chicago. The franchisee operating this location has 28 locations across 5 different states. There are approximately eight (8) years remaining on the lease before options and the site benefits from percentage rent being paid on top of the base rent per the lease. The Arby's brand as whole has been outpacing other fastfood brands in terms of quarterly same store sales growth for the last few years. A brand new bank was just build directly next door to this Arby's illustrating the growth in this sub-market. Nearly 180,000 people live within 5 miles of this property.
Property Taxes
| Parcel Numbers | Improvements Assessment | $470,800 | |
| Land Assessment | $616,000 | Total Assessment | $1,086,800 |
Property Taxes
Parcel Numbers
Land Assessment
$616,000
Improvements Assessment
$470,800
Total Assessment
$1,086,800
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