INVESTMENT OFFERING
SAB Capital is pleased to present Arby’s in Pineville, LA, located in central Louisiana. The tenant is committed to an absolute triple net (NNN) lease with 2% annual rent escalations. The operator is an experienced franchisee who operates over 229 Arby’s locations. This site particularly is a high performer, boasting the highest foot traffic of any Arby’s in the state, according to Placer.ai.
- Arby’s in Pineville, LA | Central Louisiana Location
- Zero Landlord Responsibilities | Triple Net (NNN) Lease Structure
- Signalized Corner Location | LA-28 & Pelican Drive Intersection Sees Over 60,000 Vehicles Per Day
- Recently Renovated in 2020 at Tenants’ Expense
- High Credit, Experienced Operator | Sun Holdings Operates Over 229 Arby’s Locations
- Highly Trafficked Location | Most Visited Arby’s in the State (placer.ai)
- Service Oriented Tenant | Protected Against Threat of E-Commerce to Brick and Mortar Retail
- Long-Term Lease Remaining | Over 13.5 Years Remaining in Base Term
- National Retailers Located Nearby | Walmart, AutoZone, McDonald’s, and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Arby's | $1,209,140 | % | Closed |