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Arby's 440 W 3rd St 3,077 SF Retail Building Chadron, NE 69337 $1,178,392 ($382.97/SF) 6.75% Cap Rate
Investment Highlights
- Long - Term NNN Sale - Leaseback
- Strategic Real Estate Fundamentals
- Strong Franchisee Guarantee
Executive Summary
Bang Realty is pleased to present the exclusive listing for a located at 440 West 3rd Street, Chadron, NE 69337. The site consists of roughly 3,077 rentable square feet of building space on an estimated 0.5-acre parcel of land. This Arby’s will be subject to a brand new 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual will be $79,541 and will have scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,077 SF
Building Class
C
Year Built
1989
Price
$1,178,392
Price Per SF
$382.97
Cap Rate
6.75%
NOI
$79,541
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.50 AC
Zoning
03
Frontage
150’ on 3Rd St
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 230004672 | Improvements Assessment | $407,410 |
| Land Assessment | $52,500 | Total Assessment | $459,910 |
Property Taxes
Parcel Number
230004672
Land Assessment
$52,500
Improvements Assessment
$407,410
Total Assessment
$459,910
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Arby's | 440 W 3rd St
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