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1945 Indian Trail Lilburn Rd NW, Norcross, GA , 30071
  • Size SF 1,985
  • Built/Renov1985/2019
  • Price/SF
    $1,259
    $1,276
  • Lease Start07-01-2022
  • Rent/SF$57.43
  • Lease Type Abs NNN
  • Lot/AC0.75
  • Pop 5MI262,716
2,500,000
2,533,000
  • Cap Rate
    4.56%
     
    4.50%
  • NOI $114,000
  • R. Term/Yrs 12.6
  • Guarantor Corp Rated
  • # Units 775
  • Signalized intersection

  • Recent renovation

  • Hard corner intersection

  • Dense retail corridor

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • Corporate Guarantee

  • ...
  • The tenant, RTM Georgia, Inc. dba Arby’s, recently executed a brand-new 15-year lease renewal with 4 (5-year) options to extend
  • The lease features rare 1.25% annual rental increases throughout the initial term and option periods
  • Arby’s has been at this location since 2000 and has recently remodeled the property in 2019
  • Tenant Arby’s
  • Guarantor Corp Rated
  • #Units 775
  • Moody's/S&P B2/ B+
  • Stock Private

Arby’s is the second-largest sandwich restaurant brand in the world and was founded in 1964. It now has more than 3,500 restaurants in 9 countries and over 80,000 employees. Arby’s is well known for slow roasted, sliced roast beef sandwiches and famous Market Fresh sandwiches. Arby’s revenue was almost $3.9B in 2019. Roark Capital Group acquired 81.5% of Arby's Restaurant Group in July 2011. Roark Capital Group has over $33B in assets. After the Arby’s acquisition, Roark created Inspired Brands and acquired additional restaurant companies. Both Arby’s and Roark Capital Group are headquartered in Atlanta, GA.

Inspire Brands is a privately held company and the 2nd largest restaurant company in the world. Their brands include Arby’s, Sonic and Dunkin Donuts. They manage over 32,000 restaurants, 650,000 company and franchise members, and have over $30B in global system sales. Inspire Brands is headquartered in Sandy Springs, GA.

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