Arby's NNN Investment
1303 Memorial Blvd Springfield, TN 37172
1303 Memorial Blvd, Springfield, TN, 37172
$2,714,000
For Sale
$2,714,000
NNN leased Arby’s in Springfield, Tennessee with 11 years remaining.
Property Size3,179 SF
Price / SF$853.73
Days on Market106
Property Features for 1303 Memorial Blvd
General Information
- Standard status
- Active
- Size
- 3,179 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Properties For Sale
at 1303 Memorial Blvd Contact us
Listing agency
(720) 284-9455
Listed by
Hayley Mustin
(720) 284-9455
Source
Srsre
Added: Apr 9 Updated: Jul 10 at 1:14PM Checked: Jul 22 at 2:07AM
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 Hayley Mustin
Investment Insights
Based on property information with market context.
This is an opportunity to acquire the fee simple interest in an absolute NNN leased Arby’s investment property located in Springfield, Tennessee. The tenant, Arby’s, recently extended their lease with 11 years remaining and 3 (5-year) options to extend. The lease features annual 1.25% rental increases throughout the remainder of the term and at the beginning of each option period. The lease is absolute NNN with zero landlord responsibilities, making it a management-free investment opportunity. The property size is 3179 square feet.
Key Highlights
- Absolute NNN lease: a completely management‑free investment.
- Arby's recently extended their lease, demonstrating commitment to the location, with 11 years remaining plus 3 (5‑year) options to extend.
- Features annual 1.25% rental increases throughout the lease term and option periods.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Arby's
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - NNN leased Arby’s in Springfield, Tennessee with 11 years remaining.
Where is this drive through restaurant located?
The property is located at 1303 Memorial Blvd Springfield, TN.
What is the asking price?
The asking price for this property is $2,714,000.
What are key features of this property?
This property features: Absolute NNN lease: a completely management‑free investment.; Arby's recently extended their lease, demonstrating commitment to the location, with 11 years remaining plus 3 (5‑year) options to extend.; Features annual 1.25% rental increases throughout the lease term and option periods.
