Arby's - Availability Details
5950 Crawfordsville Rd, Indianapolis, IN 46224
- For Sale $2,267,857
- City Indianapolis
- Neighborhood Speedway
- Zip Code 46224
- Market Indianapolis
- Property Type Retail - Freestanding
- Property Size 2,716 Sqft
- Lot Size 0.41 Acre
- Property Tenancy Single Tenant
- Year Built 1995
- Year Renovated 2011
- Date Updated 10 Jun, 2021
The subject property affords investors the rare opportunity to acquire a superbly located Arby’s Restaurant located in Speedway, IN. Built originally in 1995 and completely remodeled in 2011, the 2,716 square foot building has successfully operated as an Arby’s Restaurant for twenty-two years. The property sit on an outparcel of Speedway Supercenter. Speedway Supercenter is occupied by national retail giants such as Kohl’s, Kroger, TJ Maxx, Petco, Sears Outlet, Advance Auto Parts and Goodyear as well food options such as KFC and Applebee's. Due to its location Arby’s enjoys great street/traffic visibility along Crawfordsville Roade, a major thoroughfare with over 37,000 cars per day. Other retailers located across the street include CVS Pharmacy, Dollar General, Goodwill Store, Chase Bank, Pizza Hut, Taco Bell, Buffalo Wild Wings and many more. Furthermore the world famous 250,000 spectator, Indianapolis Motor Speedway is located approximately one and on-half miles east of the subject property. The lease is absolute net in nature and requires absolutely zero landlord responsibilities. There are currently 11.9 years remaining on an initial lease term that is complimented by (4), 5-year option periods that extend through 2050. The lease is backed by Arby’s Corporate with more then 3,300 restaurants system wide. Arby’s is owned by Roark Capital Group (81.5%) and by The Wendy’s Company (18.5%)read more read less
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Prime Net Lease
- Arby’s Corporate Guarantee!
- 11.9 Years Remaining On Primary Lease Term!
- Excellent location on outparcel of Speedway Supercenter!
- Rent Increases in Base Term and Option Periods!
- Located along Crawfordsville Rd (37,000 cars per day)!
- 205,000 Residents Within 5-Mile Radius of Property
- 23-year operating History at Site!
- Absolute NNN Lease—No Landlord Responsibilities
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Prime Net Lease