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8657 Winton Rd

2,104 SF Retail Building Cincinnati, OH 45231 £882,441 (£419/SF) 6.75% Net Initial Yield

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Investment Highlights

Arby's Corporate site - Restaurant Management Inc. 69+ sites in 7 states
7.5% rent increases every five years
Nine (9) plus years remaining on primary lease term, plus three (3),five year options

Absolute triple net with zero landlord responsibilities
Newly constructed in 2013
Hard corner, signalized intersection, pole sign, drive-thru, near freeway exit

Executive Summary

Kidder Mathews is pleased to present for purchase, an Arby’s, corporate backed by Restaurant Management, Inc. (69 units), absolute triple net leased investment property located in Cincinnati, Ohio. Newly constructed in 2013 and operated by Restaurant Management, Inc. (RMI), one of Arby’s premier franchisees, this asset is poised for continued success for many years to come. RMI’s leadership team is extremely hands-on, experienced and focused on each store to operate strategically, efficiently, and effectively. RMI currently operates Arby’s sites in the following states: Ohio, Kentucky, Tennessee, Indiana, North Carolina, Alabama and Georgia. They are primarily concentrated in the Greater Cincinnati and Greater Chattanooga areas.

Offering Memorandum

Property Facts

Sale Type

Investment NNN

Sale Condition

1031 Exchange

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,104 SF

Building Class

Year Built

2013

Price

£882,441

Price Per SF

£419

Net Initial Yield

6.75%

NOI

£59,565

Tenancy

Single

Number of Floors

Building FAR

0.10

Land Acres

0.47 AC

Zoning

B-2

Parking

19 Spaces (9.03 Spaces per 1,000 SF Leased)

Amenities

Dedicated Turn Lane

Pylon Sign

Signalised Intersection

Drive Thru

MAJOR TENANTS

Accommodation and Food Services
2,104 SF
-
Triple Net
Sep 2033

The Arby's brand purpose is Inspiring Smiles Through Delightful Experiences. Arby's delivers on its purpose by celebrating the art of Meatcraft with a variety of high-quality proteins and innovative, crave-able sides, such as Curly Fries and Jamocha shakes. Arby's Fast Crafted restaurant services feature a unique blend of quick-serve speed combined with the quality and made-for-you care of fast casual. Arby's Restaurant Group, Inc. is the franchisor of the Arby's Brand and is part of the Inspire Brands family of restaurants headquartered in Atlanta, Ga. Arby’s, founded in 1964, is the second-largest sandwich restaurant brand in the world with more than 3,500 restaurants in nine countries.