Offering Memorandum

Investment Sale

Arby’s

2500 S Center St
Marshalltown, Iowa

eCode:018i

Sales Price

$759,307

NOI

$49,355 (NOI Including Percentage Rent)

Cap Rate

6.50%

Lease Expiration

12/31/2024

Building Size

2,990 SF

Lot Size

0.54 AC

Year Built

1980

Traffic Count

S Center St (18,998 CPD)

Highlights

  • Long Standing Tenant
  • Increasing Store Sales
  • Below Market Rent
  • Outlot to Marshalltown Mall
  • Located Within a Major Retail Corridor

Radius 1 mile 3 mile 5 mile
Population Density 6,698 27,474 29,350
Household Income $63,673 $67,551 $69,649
Daytime Pop 2,745 13,432 13,771

SIMILAR PROPERTIES

Multi-Tenant
7848 Mall Rd & 7852 Mall Rd
Florence, Kentucky

Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Multi-Tenant
11400-11500 Telegraph Rd
Taylor, Michigan

Unpriced | 83,964 SF
Single-Tenant
1951 Midway Mall
Elyria, Ohio

$1,440,000 | 8,475 SF
Single-Tenant
717 E Lake Shore Dr
Manistique, Michigan

$2,215,385 | 35,299 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement