Arby's

2500 South Center Street, Marshalltown, IA

$759,307

Price

6.5%

Cap Rate

$49,355

NOI

Gallery
Street
Map
Overview
Cap Rate
6.5%
NOI
$49,355
Building Size
2,990 sqft
Lot Area
0.54 acres
Occupancy
100%
Lease Type
Double Net
Year Built
1980
Tenancy
Single
Highlights
  • LONG STANDING TENANT: Tenant has been successfully operating at this location for over three decades
  • INCREASING STORE SALES: Tenant Pays Percentage Rent -Tenant sales exceeded Breakpoint in 2020 and 2021 resulting in additional rental income.
  • BELOW MARKET RENT: Tenant is paying well below market rent compared to national Arby’s locations
  • OUTLOT TO MARSHALLTOWN MALL: Marshalltown Shopping Mall is a 345,500 SF center with major tenants including Hobby Lobby, Shoe Sensation, Planet Fitness and a local movie theatre.
  • LOCATED WITHIN A MAJOR RETAIL CORRIDOR: Located within proximity to the only Walmart within a 30-minute drive.
Documents
Title
018i_Arby_s-Marshalltown__IA-OM.pdf
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Location
Gallery