Investment Overview
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.
Investment Highlights
- Prime location next to Shelby Baptist Medical Center
- High visibility along busy Highway 31
- Total NNN lease with gross sales provision as additional rent
- Operating since 1988 at this location
- Four (4) five-year lease options remaining
- 10% rental adjustment per option