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| Price $2,334,000 | Built/Renov 2017 | Tenant Arby's and Shops |
| Cap Rate 7.57% | Lease Type
Abs NNN | Guarantor Corp Rated |
| Size/SF
6,600
| Lease Start
07-01-2025
| #Units
3,402
|
| Price/SF $353.64 | Expiration
07-01-2045
| Tenant Type Fast Food/QSR |
| NOI $176,653 | R. Term 19.5 | Ownership Leased Fee |
| Rent/SF
$26.77
| Increases 2.0%/7/yrs | Pop 5Mi 76,102 |
| Lot/AC 1.39 | Options 4/5yrs/2% | AHHI 5Mi $84,821 |
| | |
Arby’s is strategically located along E. Parker Road (13,000 VPD) with direct access to Interstate 555 (37,000 VPD) and Harrisburg Road (12,000 VPD), offering excellent visibility and accessibility. The site is an outparcel to Home Depot and adjacent to a Walmart Supercenter–anchored shopping center featuring national tenants like Dollar General, Popeyes, and Jiffy Lube. Additional nearby...
...New construction
Hard corner intersection
Recent building upgrades
Major thoroughfare
Strategically located
Hospital close
Strong demographics
New development zone
Long 15+ yr lease
Top franchise operator
Arby’s is an American fast-food restaurant chain and the first nationally franchised sandwich restaurant brand. Founded in 1964 in Boardman, OH, the chain is well known for slow-roasted, sliced...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 5,716 | 52,039 | 79,874 |
| 2025 Total Population : | 5,567 | 50,514 | 76,641 |
| 2025 Employed Civilian Pop : | 2,726 | 24,255 | 37,829 |
| 2025 Total Businesses : | 397 | 2,849 | 3,458 |
| 2025 Average Household Income : | $ 79,599 | $ 76,071 | $ 77,098 |
| 2025 Total Consumer Spending : | $ 181 M | $ 1372 M | $ 2073 M |
| 2025 Median Age : | 44 | 34 | 33 |
| 2025 Total Households : | 2,634 | 20,597 | 30,728 |
| 2025 Pop Age 25+: Bachelor's Degree : | 1,144 | 5,914 | 8,960 |
| 2025 Average Home Value : | $ 277,832 | $ 314,527 | $ 312,459 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Harrisburg Rd | 2021 | 2,300 | 0.07 mi | |
| Windover Gardens | 2021 | 3,200 | 0.09 mi | |
| Harrisburg Rd | 2021 | 2,600 | 0.21 mi | |
| Joe N Martin Expy | Harrisburg Rd | 2011 | 32,000 | 0.27 mi |
| Harrisburg Rd | 2021 | 3,100 | 0.28 mi | |
| Joe N Martin Expressway | S Culberhouse Rd | 2019 | 34,000 | 0.41 mi |
| West Parker Road | Parker Annex Rd | 2021 | 13,000 | 0.43 mi |
| Harrisburg Road | Medallion Dr | 2021 | 12,000 | 0.53 mi |
| Harrisburg Road | Ebbert Dr | 2021 | 12,000 | 0.53 mi |
| Joe N Martin Expressway | Joe N Martin Expy | 2019 | 37,000 | 0.59 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
