Arby's

Springville, UT

Click to Download Offering Memorandum

Property Info

Summary

  • Offering Price $1,106,300
  • Cap Rate 5.25%
  • Current Annual Rent $58,080
  • Lease Type NNN

Key Facts

Triple Net (NNN) Lease - 10% Rental Increases Every 5 Years

Ten (9.9) Years Remaining - Below Market Rent

Outparcel to Walmart Supercenter - $118K AHI Within 5-Miles
2.04% Annual Population Growth - 114K Residents Within 5-Miles

10 Mins from Provo, UT - 45 Mins from Salt Lake City, UT

Adjacent to I-15 Freeway - 141K Cars Per Day

Team

Brian Anderson

Vice President
CBRE
UT Lic. 9845646-SAOO