For Sale
$1,565,000

311 14Th St Huntingburg, IN 47542

High-return QSR investment, Indiana.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a 2,342 square foot Arby's restaurant located at 311 East 14th Street, Huntingburg, Indiana 47542. Built in 2021, this single-story building operates under a 15-year absolute NNN lease, commencing November 1, 2021, and expiring October 31, 2036. With over 12 years remaining on the lease term, this property offers significant long-term stability and predictable cash flow. The lease includes two rent increases built into the base term, occurring every five years, and a five-year renewal option. The tenant, Friends Hospitality of Huntingburg, LLC, is comprised of three experienced restaurant operators with a combined net worth exceeding $12 million, managing 11 Arby's and 4 Wings Etc. locations. The property boasts a 5.75% cap rate and a current Net Operating Income (NOI) of $90,000. The Arby's is strategically located near other retail establishments, including Dairy Queen, Wendy's, IGA, Dollar General, and Ace Hardware, ensuring high visibility and strong customer traffic. This is a turnkey investment with zero landlord responsibilities

Highlights

  • Absolute Net Lease.
  • Zero Landlord Responsibilities.
  • Brand-new construction (2021).
  • 15-year lease, commenced November 2021; 13+ years remaining.
  • Tenant operates 11 Arby's and 4 Wings Etc. restaurants.
  • Strong retail location near IGA, Dollar General, Dairy Queen, Ace Hardware, and Wendy's.

Property Details for 311 14Th St

Property type
Retail properties
Square Feet
2,342 SF
Year Built
2021
Buildings
1
Stories
1

Location Insight

City
Huntingburg
County
Dubois
State
Indiana
Latitude
38.308467220796
Longitude
-86.956036652286

FAQs

What type of property is this?
Retail property - High-return QSR investment, Indiana.
Where is the retail property located?
The property is located at 311 14Th St Huntingburg, IN.
What is the asking price?
The asking price for this property is $1,565,000.
What are key features of this property?
This property features: Absolute Net Lease.; Zero Landlord Responsibilities.; Brand-new construction (2021).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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311 14Th St
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