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
115 S Reynolds Rd
Toledo, Ohio

$2,280,000 | 23,100 SF
Single-Tenant
219 Jari Dr
Johnstown, Pennsylvania

$4,493,493 | 19,200 SF
Multi-Tenant
2951-2963 Navarre Ave
Oregon, Ohio

$5,604,686 | 15,233 SF
Multi-Tenant
17000 Kercheval Ave
Grosse Pointe, Michigan

Unpriced | 78,058 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement