ARBY'S

Description

PROPERTY is a 3,488 SF building on .943 acres located on Cobb Parkway in Acworth, GA. Incredible Retail Corridor - 25,000+ ADT, Great Visibility, Access with 4 Curb Cuts, 2 Super Wal-Marts-1.5 Miles East and West, 10% Rent Increases Every 5-Years, Arby's Corporate Guarantee, Absolute Net-No Landlord Responsibilities

TENANT RESPONSIBILITIES: RE Taxes, CAM, Insurance, Roof and Structure

LANDLORD RESPONSIBILITIES: None- Ground Lease

Area Description

AREA TENANTS INCLUDE: 2 Wal-Marts, Super Target, Home Depot, Lowe's, Kroger, Best Buy, AutoBell Car Wash, Pet Smart, Chili's, Staples, Kohl's, Wendy's, Petco, Longhorn, Office Max, Books-A-Million, Panda Express, WaMu, SunTrust, Ruby Tuesday, Chick-Fil-A, Michaels, Firestone,Wachovia, O'Charley's, Waffle House, Jiffy Lube, Gold's Gym, McDonald's, Enterprise, Rite Aid, Pizza Hut, WingStreet, Hollywood Video, Shell, Good Year, Cici's Pizza, Exxon, Aldi, Murphy USA, Fantastic Sams, Blimpie, Radio Shack, Starbucks

ACWORTH is in Cobb County and located approximately 32.1 miles Northwest of Atlanta, GA, 12.7 miles Northwest of Marietta, GA, 21.9 miles West of Roswell, GA, and 39.2 miles West of Alpharetta, GA. Acworth's population was 13,422 at the 2000 census and estimated to be 17,428 in 2005.

Business Notes

LEASE GUARANTOR: Arby's Restaurant Group, Inc.
S&P RATING: B-
TRADE SYMBOL: WEN-NYSE
10,000 Restaurants in System

Contacts

  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
3319 North Cobb Parkway
Acworth, GA 30101


County
Cobb
Building StatusExistingTotal SF3,488Number of Floors1Lot Size41,092 SFYear Built2008TenancySingle Tenant
Sale Price
$1,375,000.00

Date Sold
Dec 11, 2009

Tenants

  • Arby'sSquare Footage3,488Monthly Income$8,333.00
Click for Financials Sheet

Financials

Land/Lot Info

Lot Size :41092.00 SF
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.