Arby’s Ground Lease – Gadsden

Information

198 E Meighan Blvd
Gadsden, AL 35903

  • Investment Grade Tenant with Corporate Guarantee
  • Tenant recently fully renovated interior, exterior, and parking lot
  • Rare ownership opportunity in cxtremely competitive market
  • Strong recognizable brand
  • Zero landlord responsibilities
  • Long lease term remaining
  • 20 year operating history in this location (built in 2004)
  • Highest traffic counts in market
  • Single tenant, freestanding building in this submarket is extremely rare; hard to replace
  • Nearby other national retailers: Walmart, Hobby Lobby, TJ Maxx, Ross, Five Below, Ulta, Petco, Aldi, Panda, Panera Bread, etc.
  • Serving 66,152 population within 7 mile radius trade area
  • 35,492 Vehicles Per Day

 

Pricing

Sales Price: $2,253,000

Agents:
Bill Clements, CCIM
Brooks Corr, CCIM

Traffic Counts: 35,492 VPD

Property Size

0.75 acre/s

GLA (Gross Leasable Area): 3,544 square feet

32 parking spaces

Forms & Documents

Flyer

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