- For Sale $1,255,000
- Property Type Retail - Restaurant
- Property Size 2,435 SF
- Lot Size 0.62 Acre
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1970
- Date Updated Jul 16, 2026
Description
Located next to the Shelby Baptist Medical Center along the busy Highway 119 corridor, this Arby's restaurant presents a prime investment opportunity.REDUCED PRICE
The property features an existing five-year, renewable corporate lease set to expire in September 2029, with four additional five-year options remaining. Each option includes a 10% rental adjustment, ensuring a steady increase in rental income.
Arby's assumed the lease from Jack's Family Restaurant in 1988 and has been successfully operating at this location ever since. This property offers a stable and lucrative investment with the potential for long-term growth. Don't miss out on this exceptional opportunity to invest in a well-established location with a reliable tenant.
Highlights
- 10% rental adjustment per option
- Four (4) five-year lease options remaining
- High visibility along busy Highway 31
- Operating since 1988 at this location
- Prime location next to Shelby Baptist Medical Center
- Total NNN lease with gross sales provision as additional rent
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Contacts
Marc Perlman
Leitman-Perlman, Inc. - AL
Location
Contact Listing Broker
Marc Perlman
Leitman-Perlman, Inc. - AL
