For Sale
$2,464,856

1521 State Route 7Gallipolis, OH 45631

High-Yield QSR Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 3,450 square foot Arby's restaurant located at 1521 State Rte 7 S, Gallipolis, OH 45631. The property boasts a 20-year absolute NNN lease with AES Restaurants of Ohio, LLC, a significant operator within the AES Restaurant Group, holding 29 of 187 units. The lease commenced upon sale, offering ease of management with no landlord responsibilities. Built in 1999 and renovated in 2020, the property enjoys 100% occupancy and generates a strong net operating income (NOI) of $135,567, resulting in a 5.50% cap rate. The asking price is $2,464,856. This Arby's benefits from a prime location directly adjacent to Gallipolis's only Walmart Supercenter and a shadow-anchored strip center including Tractor Supply, Big Lots, McDonald's, Wendy's, Kay Jewelers, AT&T, Burger King, KFC, Aldi, Buffalo Wild Wings, and Dairy Queen. Arby's is part of the Inspire Brands family, the second-largest restaurant company in the United States, ensuring brand recognition and stability. This is a rare opportunity to acquire a long-term, passively managed, high-performing asset in a strong retail corridor. The property's strategic location and established national brand tenant provide significant investment security and potential for future appreciation. This sale-leaseback structure offers a compelling investment with substantial long-term returns.

Highlights

  • 20-Year Sale-Leaseback: Property offered with a 20-year lease commencing upon sale.
  • Creditworthy Tenant: Leased to AES Restaurants of Ohio, LLC, a significant operator within the AES Restaurant Group (29 of 187 units).
  • NNN Lease & Recent Renovation: Triple-net (NNN) lease; no landlord responsibilities. Property renovated in 2020.
  • High-Traffic Location: Arby's located in front of Gallipolis' only Walmart, within a shadow-anchored retail center.
  • Strong Brand Affiliation: Arby's is part of Inspire Brands, the second-largest restaurant company in the US, alongside Dunkin', Jimmy John's, Sonic, and Buffalo Wild Wings.
  • Compelling Retail Mix: Strong co-tenancy including Walmart, Tractor Supply, Big Lots, McDonald's, Wendy's, Kay Jewelers, AT&T, Burger King, KFC, Aldi, Buffalo Wild Wings, and Dairy Queen.

Property Details for 1521 State Route 7

Property type
Retail properties
Square Feet
3,450 SF
Year Built
1999

Location Insight

City
Gallipolis
County
Gallia
State
Ohio
Latitude
38.823365
Longitude
-82.1718802
1521 State Route 7, Gallipolis, Ohio

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1521 State Route 7
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