Waterloo, IA - 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
• Tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises
• Zero landlord responsibilities
• Ideal, management-free investment for an out-of-state, passive investor

• Arby’s is strategically located at the signalized, hard corner intersection of Kimball Avenue and Brookeridge Drive
• The site is equipped with a drive-thru, allowing the operator to maximize efficiency and productivity
• The immediate trade area is supported by surrounding national retailers such as Sam’s Club, Lowe’s, Walmart Supercenter, and more
• Located less than a mile from MercyOne Waterloo Medical Center and 2 miles from Crossroads Mall (815,000+ SF), providing a steady stream of crossover store exposure