Fairlawn OH - Arby's

Description:

Long-Term Absolute NNN Ground Lease
12+ years remaining with zero landlord responsibilities
4 (5 year) renewal options

Brand New 2023 Construction
Most recent Arby’s prototype building with doube drive-thru accessibility and ample parking
Concrete parking lot

Inflation Protection
Rent is scheduled to increase 8% every 5 years, including options

Rare Corporate Lease
RTM Operating Company, LLC, operating ~3,400 locations nationwide
Tenant is responsible for maintaining, repairing and replacing all portions of the building and premises

Densely Populated and Affluent Trade Area
With 63,000 residents within 5 miles with an average household income of approximately $154,800, projected to increase to $173,600 by 2030

Strong Retail Synergy
Situated in a dense retail area surrounded by major national tenants such as Home Depot, JCPenney, Tesla, Dicks Sporting Goods, World Market, Best Buy, Planet Fitness, Walmart/Sam’s Club, Lowe’s Home Improvement

Robust Daytime Population and Employers
The market experiences a significant spike in daytime population, growing from about 8,000 residents to 40,000 due to its role as a major commercial center within the Akron area, driven by shoppers, workers, and visitors drawn to Fairlawn’s business hub.