Cedar Rapids, IA - Arby's (Edgewood)

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 fronting Edgewood Road SW averaging 22,900 VPD
• The immediate trade area is supported by surrounding national retailers such as ALDI, McDonald’s, Dunkin, Ross, Burlington, and more
• The site is equipped with a drive-thru, allowing the operator to maximize efficiency and productivity
• Located next to several strong single-family neighborhoods, providing a direct consumer base from which to draw

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Listing ID: a28TP000000DEoLYAW