Absolute-Net Arby's
For Sale
Contact for pricing
1009 Dallas Cherryville Hwy, Dallas, NC 28034
Franchisee-guaranteed lease includes four five-year options with scheduled 8 percent rent escalations.
Property SizeContact for details
Days on Market141
Property Features for 1009 Dallas Cherryville Hwy
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Chicago Oak Brook
Listed By:
Timothy Nichols · License #IL: 475.159619
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 3:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Chicago Oak Brook
Investment Insights
Based on property information with market context.
This free-standing Arby's property includes 3,500 square feet on a 1.6-acre parcel. The absolute-net lease carries a franchisee guarantee and places zero landlord responsibilities on the owner. The current lease began October 1, 2009, with more than 9 years remaining and four additional five-year options. Each option includes 8 percent rent escalations.
The property sits directly off the Highway 321 exit ramp at 12 A, identified as 275 & 279 E. Combined traffic counts at the access point exceed 67,000 vehicles per day. The lease guarantee is provided by Brumit Restaurant Group, LLC, whose franchise operations include more than 50 units across North Carolina and South Carolina.
The property sits directly off the Highway 321 exit ramp at 12 A, identified as 275 & 279 E. Combined traffic counts at the access point exceed 67,000 vehicles per day. The lease guarantee is provided by Brumit Restaurant Group, LLC, whose franchise operations include more than 50 units across North Carolina and South Carolina.
Key Highlights
- 3,500‑square‑foot free‑standing Arby's on a 1.6‑acre lot
- Absolute‑net lease with zero landlord responsibilities
- Franchisee guarantee from Brumit Restaurant Group, LLC
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
244k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Groceries 38%
Shops & Services 22%
Electronics 1%
Ingles
Groceries
39,066 visits/mo
0.4 miles
Walmart Neighborhood Market
Groceries
34,705 visits/mo
0.3 miles
McDonald's
Dining
31,590 visits/mo
0.1 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
19,029 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
18,848 visits/mo
0.1 miles
Demographics for 28034, NC
19,258
Population
8,085
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
86%
High-School Grad
45.6 sq mi
ZIP Area
422
Density / Sq Mi
$59,969
Median Household Income
$42,804
Median Earnings
$841
Median Rent
$221,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Franchisee-guaranteed lease includes four five-year options with scheduled 8 percent rent escalations.
Where is this nnn property located?
The property is located at 1009 Dallas Cherryville Hwy Dallas, NC.
What are key features of this property?
This property features: 3,500‑square‑foot free‑standing Arby's on a 1.6‑acre lot; Absolute‑net lease with zero landlord responsibilities; Franchisee guarantee from Brumit Restaurant Group, LLC
