Net-Leased Fast Food
For Sale
Contact for pricing
Pending
120 Mall Ring Rd, Westminster, MD 21157
Arby’s outparcel restaurant with an absolute net, corporately guaranteed lease and more than five years of primary term remaining.
Property SizeContact for details
Days on Market118
Property Features for 120 Mall Ring Rd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
60,000 vehicles/day
Listing Agency:
NAI KLNB (Washington, DC)
Listed By:
Peter Snell · License #VA 0225186079
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Aug 5 at 11:59AM
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
Current Use
Lease Details
60,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21157, MD
38,584
Population
15,466
Households
2.5
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
77.7 sq mi
ZIP Area
497
Density / Sq Mi
$102,835
Median Household Income
$50,254
Median Earnings
$1,236
Median Rent
$394,100
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?
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
