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Williamsburg, IA - Arby's

$1,999,999

335 E Evans St, Williamsburg, IA 52361

Active
Last Updated: 09/22/2026

5.82

Cap Rate

116,418

NOI

Details:
Cap Rate:    5.82%
NOI:    $116,418
Building Size:    3,704 sqft
Lot Area:    0.92 acres
Occupancy:    100%
Year Built:    1992
Zoning:    C-1 Arterial Commercial District
Floors:    1
Year Last Renovated:    2023
Description:

• The tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to this location
• The lease features 5% rental increases every 5 years throughout the initial term
• Founded in 1964, Arby’s is among the largest QSR sandwich chains with over 3,500 operating restaurants

• Arby’s is strategically located off I-80 (32,900 VPD), allowing for direct on/off ramp access to the site and surrounding Williamsburg trade area
• Outparcel to a 270,000+ SF outlet mall featuring tenants such as Polo, Nike, Under Armour, and more
• Limited competition as there are only a handful of QSR options serving Williamsburg
• The site is equipped with a drive-thru, allowing the operator to maximize efficiency and productivity
• This Arby’s ranks in the top 83% of all Iowa locations according to Placer.ai

Map:
Location
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