Net-Leased Fast Food
120 Mall Ring Rd Westminster, MD 21157
120 Mall Ring Rd, Westminster, MD, 21157
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For Sale
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Pending
Arby’s outparcel restaurant with an absolute net, corporately guaranteed lease and more than five years of primary term remaining.
Days on Market102
Property Features for 120 Mall Ring Rd
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
NAI KLNB (Washington, DC)
Listed by
Peter Snell · License #VA 0225186079
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 8:48PM Checked: Jul 21 at 6:04AM
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 NAI KLNB (Washington, DC)
Investment Insights
Based on property information with market context.
The offering is an Arby’s fast food restaurant operating on an outparcel of the 620,000-square-foot Townmall of Westminster. The lease is structured as an absolute net lease with zero landlord responsibilities and is corporately guaranteed. The property has more than five years of primary term remaining, along with one five-year option.
According to the offering materials, the restaurant is located off Baltimore Boulevard (Route 140), identified as the city’s main retail corridor, with a daily average of 60,000 cars passing through the immediate vicinity. The location reflects a nineteen-year operating track record, and the business recently executed a lease amendment to add additional term at a higher rental rate.
The next option period includes a fourteen percent increase at the start of the term, as stated in the lease provisions described with this offering.
According to the offering materials, the restaurant is located off Baltimore Boulevard (Route 140), identified as the city’s main retail corridor, with a daily average of 60,000 cars passing through the immediate vicinity. The location reflects a nineteen-year operating track record, and the business recently executed a lease amendment to add additional term at a higher rental rate.
The next option period includes a fourteen percent increase at the start of the term, as stated in the lease provisions described with this offering.
Key Highlights
- Arby’s outparcel restaurant in Westminster, MD, part of the greater Baltimore‑Washington Combined Statistical Area
- Located off Baltimore Boulevard (Route 140), the city’s main retail corridor
- Daily average of 60,000 cars passing the immediate vicinity
Property Analytics
Location Intelligence
Current Use by Public Records
Arby's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Arby’s outparcel restaurant with an absolute net, corporately guaranteed lease and more than five years of primary term remaining.
Where is this conventional restaurant located?
The property is located at 120 Mall Ring Rd Westminster, MD.
What are key features of this property?
This property features: Arby’s outparcel restaurant in Westminster, MD, part of the greater Baltimore‑Washington Combined Statistical Area; Located off Baltimore Boulevard (Route 140), the city’s main retail corridor; Daily average of 60,000 cars passing the immediate vicinity
