Arby’s & Phillips 66

Arby’s & Phillips 66

Arby's & Phillips 66 5
Arby's & Phillips 66
Arby's & Phillips 66 3
Arby's & Phillips 66 4
ARBY’S & PHILLIPS 66
Marshall County, IN

PRICE Make Offer
GLA 5,314 SF
PROPERTY TYPE Retail
CAP RATE n/a
LEASE TYPE Absolute NNN
LEASE EXPIRATION Dec. 2025
YEAR BUILT 1994
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OFFERING MEMORANDUM
FLYER

BRANDON HAKIMI
[email protected]
(516) 773-0080
DEMOGRAPHICS
Total Population
1 – mi. – 737
3 – mi. – 4,224
5 – mi. – 6,016
More info in the flyer

INVESTMENT HIGHLIGHTS

  • Located on a hard corner
  • Opportunity for accelerated depreciation
  • Low 3.4 % property income tax rate
  • The property has a large 2.17 acre lot size
  • High market return at 10%
  • Arby’s has two 5 year options with 8% rent increases every 5 years
  • Phillips 66 has one 5 year option with 5% rent increases every 5 years
  • Phillips 66 is one of the largest independent refiners in the world by sales
  • Arbys ranks as the #3 sandwich chain with more than 3,300 locations across the globe

City:Marshall County
State:IN
Square Feet:5,314 SF
Price:MAKE OFFER
Cap Rate:N/A

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