Arbys Corp.
932 N. Jackson Street
Tullahoma, TN 37388
Price: $1,400,000Cap Rate: 5.22%NOI: $73,100Building SF: 2,570 SFLot Size: 24,829 SFYear Built: 2018Status: Available
INVESTMENT HIGHLIGHTS:
CORPORATELY GUARANTEED LEASE
- $3.884 billion in Revenue (FY 2019)
- 60+ years in business
- 3,600+ restaurants globally
- ~80,000 employees
EXCELLENT STORE SALES ABOVE NATIONAL AVERAGE – LOW RENT TO SALES
- Very healthy and profitable rent to sales under 5% – inquire with Broker for additional confidential sales information
- Sales have consistently been above the national average for Arby’s
- Below market rent for high performing QSR providing tremendous security
ATTRACTIVE LONG TERM CORPORATE ABSOLUTE NNN LEASE
- Completely passive NNN investment – ZERO landlord responsibilities
- Attractive 7.5% increases every 5 years in the Primary and Option Terms
#3 SANDWICH COMPANY IN THE U.S.
- Arby’s ranked third in systemwide sales in the US in quick service and fast-casual restaurants behind Subway and Panera in 2012.
LARGE PARENT COMPANY – INSPIRE BRANDS
- Arby’s Restaurant Group Inc is the flagship property of Inspire Brands
- Inspire Brands is the parent company of Arby’s, Buffalo Wild Wings, Dunkin’ Donuts, Sonic Drive In, Jimmy John’s and Baskin Robbins
COVID-19 AND ECOMMERCE RESISTANT BUSINESS
- Fast food drive thru buildings were one of the few Essential Services that were allowed to remain open for business throughout the pandemic
LOCATED DIRECTLY ACROSS THE STREET FROM TULLAHOMA HIGH SCHOOL
- Over 1,100 students enrolled providing steady customer base
BUILT IN CUSTOMER BASE – MAJOR EMPLOYERS IN TRADE AREA
- Arby’s is surrounded by several major employers in the immediate trade area including:
- Tullahoma Regional Airport
- Arnold Air Force Base
- Harton Regional Medical Center
- Tullahoma High School
MAJOR RETAIL CORRIDOR – IDEALLY LOCATED IN DOWNTOWN TULLAHOMA
- Northgate Mall Tullahoma – Publix Anchored Shopping Center
- Kroger Anchored Shopping Center
- Walmart and Lowe’s Anchored Shopping Centers
HIGH TRAFFIC COUNTS ALONG MAJOR CORRIDOR
- Subject property is well located along N. Jackson Street, a major north/south thoroughfare through Tullahoma
- 22,710 cars per day in front of subject property