Arby's, Greenville MSA

1884 East Fire Tower Road
Greenville, NC 27858

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Arby's Restaurant Group, Inc. (Corporate)
1884 East Fire Tower Rd, located 2.5 miles south of downtown Greenville and East Carolina University
3,015 square feet developed in 2008 on 1.26 acres on a major trade area corridor
Tenant is on a 20-year NNN lease with 6.5% rent bumps every 5 years and 4,5-year options
All cash buyer paid $1,900,00 and closed escrow on 12/18/08, 38 days after signing contract
Buyer was a private holding company out of FL completing a 1031 tax deferred exchange

Cap Rate:

Call

Price:

$1,900,000

Property Type:

NNN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427