5150 Highway 49 S
Harrisburg, NC 28075
Arby's | 8% Rental Increases Every Five Years · Retail Property For Sale

Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in this newly constructed Arby’s in Harrisburg, North Carolina, a suburb of Charlotte. The Tenant, Brumit Restaurant Group LLC, is subject to a brand new 20-year NNN lease with desirable eight percent (8%) rental increases every five years during the base term and option periods. Founded in 1988, Brumit Restaurant Group is an expanding “Gold Star” Arby’s franchisee with more than 40 locations across North and South Carolina. The Property is strategically located along North Carolina Highway 49 (NC-49) two miles from the Interstate-485 interchange which averages more than 60,000 vehicles per day. The Tenant is situated upon 0.99 acres along NC-49 just west of its intersection with Morehead Road. This highly dense regional retail corridor features more than 34,000 vehicles per day, with an additional 12,800 vehicles along Morehead Road. Arby’s operates in a 2,023-square-foot restaurant with drive-thru across NC-49 from an AutoZone and on the opposing corner from a Wells Fargo, Circle K and State Farm. The property is proximal to O’Reilly Auto Parts, Rite Aid, SunTrust Bank and CVS, and near to other fast food chains Bojangles, McDonald’s, Sonic, Pizza Hut, and Hardee’s. Further, the Property is located seven-tenths-of-a-mile west of School House Commons, 92,229 square feet anchored by Lowe’s Foods and FastMed Urgent Care, and one-mile west of Harrisburg Market, a 56,327-square-foot Food Lion anchored shopping center. Harrisburg is a northeastern suburb of Charlotte, located 13 miles from the downtown. Due to its proximity to Charlotte and convenient highway access, Harrisburg has developed into one of the top ten most affluent zip codes in the Charlotte region, with the three-mile population growing 134 percent since 2000. Harrisburg is known for premium housing and large home sites, a robust Parks & Recreation program, top performing schools, and low taxes. Harrisburg is projected to be one of the top five fastest growing municipalities in North Carolina over the next ten years, according to the NC Office of State Budget and Management.