Cedar Rapids, IA (Blairs Ferry) - Arby's

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 the signalized, hard corner intersection of Blairs Ferry Road NE and Blairs Forest Lane averaging 29,500 VPD
• The site is equipped with a double drive-thru, allowing the operator to maximize efficiency and productivity
• Part of a larger retail development anchored by Walmart Supercenter, Sam’s Club, Lowe’s, and more
• Strong tenant synergy from the shopping center will increase crossover store exposure to the site
• Less than a mile off I-380 (65,700 VPD), allowing for direct on/off ramp access to the site

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Listing ID: a28TP000000DDx7YAG