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Dubuque, IA - Arby's

$1,416,000

1775 John F Kennedy Rd, Dubuque, IA 52002

Active
Last Updated: 05/06/2024

5.5

Cap Rate

77,882

NOI

Details:
Cap Rate:    5.5%
NOI:    $77,882
Year Built:    1986
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 John F Kennedy Road averaging 23,800 VPD
• The immediate trade area is supported by surrounding national retailers such as PetSmart, Panera, DICK’S, Best Buy, 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
• Just North of the Kennedy Mall, which ranks in the top 70% of all US regional malls according to Placer.ai

Map:
Location
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