820 E North St
Bradley, IL 60915
Arby’s: 18 Year Absolute NNN Lease · Retail Property For Sale

Arby’s has a brand new 18-year Absolute NNN lease with attractive 7% rental escalations every 6 years and four 5-year renewal options. The tenant, FMS Group, Inc. is an experienced 15-unit operator with locations in Iowa and Illinois. This asset has been successfully open and operating for decades with an attractive 7.10% rent-to-sales ratio and was fully remodeled in 2007 (tenant spent $450,000) with a pending remodel in 2027 to the current building design! Arby’s is located in Bradley, Illinois on a large 1.35 acre lot on a hard corner with excellent driveby visibility. Nearby retailers include: Lowe’s Home Improvement, Meijer, Menards, Dollar Tree, JOANN Fabrics, Hobby Lobby, Harbor Freight Tools, Ashley Furniture, Turk Furniture, O’Reilly Auto Parts, Walmart Supercenter, Target, Kohl’s, Marshalls, Old Navy, Blain’s Farm & Fleet, DICK’S Sporting Goods, Bed Bath & Beyond, Best Buy, Barnes & Noble, Michaels, Staples, PetSmart, Petco, Shoe Carnival, Ulta Beauty, Maurices, Ross Dress for Less, Five Below, Party City, JCPenney, Cinemark Movies, etc. The subject location is less than 2 miles from Olivet Nazarene University (enrollment of 5,002), less than 4 miles from AMITA Health St. mary’s Hospital Kankakee (182 beds) and Riverside Medical Center (300 licensed beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate & Auction Co. #471016673