NNN-Leased Arby's
For Sale
Contact for pricing
Pending
1401 Jamison Ave SE, Roanoke, VA 24013
Absolute NNN lease with a corporate-guaranteed tenant provides long-term income backed by scheduled rent growth.
Property Size2,820 SF
Lot Size0.66 Acres
Days on Market50
Property Features for 1401 Jamison Ave SE
General Information
Standard status
Pending
Size
2,820 SF
Lot size
0.66 Acres
Property subtype
Retail
Financials
Cap Rate
5.75%
Business Included
Yes
Additional Details
Traffic Count
60,000 vehicles/day
Building Details
Year Built
1990
Year Renovated
2015
Tenancy
Single
Listing Agency:
Malchus Real Estate
Listed By:
Joel Cukier · License #02005095
Source:
Crexi
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 4 at 8:54AM
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 Malchus Real Estate
Investment Insights
Based on property information with market context.
This property is an Arby’s restaurant built in 1990 and renovated in 2015. The site includes a 2,820-square-foot restaurant building on 0.66 acres. The lease structure is described as “Absolute NNN,” meaning the tenant assumes zero landlord responsibilities. The lease is corporate guaranteed and has a term through January 31, 2038, supporting long-duration occupancy.
The restaurant is located along a high-visibility corridor with approximately 60,000 bidirectional vehicles per day, according to the provided remarks. It also has convenient access to Downtown Roanoke, major employers, healthcare facilities, and surrounding residential neighborhoods, supporting day-to-day retail traffic.
For investors, the offering provides a passive, net lease structure with contractual rent growth described as 10% increases every five years. The property’s investment highlights in the remarks include an annual NOI of $129,470 and an indicated 5.75% cap rate, based on the information provided. This combination of an absolute NNN framework, long lease term through 2038, and scheduled increases is designed to fit buyers seeking a stable, long-term leased income profile.
The restaurant is located along a high-visibility corridor with approximately 60,000 bidirectional vehicles per day, according to the provided remarks. It also has convenient access to Downtown Roanoke, major employers, healthcare facilities, and surrounding residential neighborhoods, supporting day-to-day retail traffic.
For investors, the offering provides a passive, net lease structure with contractual rent growth described as 10% increases every five years. The property’s investment highlights in the remarks include an annual NOI of $129,470 and an indicated 5.75% cap rate, based on the information provided. This combination of an absolute NNN framework, long lease term through 2038, and scheduled increases is designed to fit buyers seeking a stable, long-term leased income profile.
Key Highlights
- Absolute NNN lease with corporate‑guaranteed Arby’s tenant
- Lease term runs through January 31, 2038
- Scheduled 10% rent increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
60,000 VPD
Traffic count
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 24013, VA
7,835
Population
3,334
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
85%
High-School Grad
2.2 sq mi
ZIP Area
3,561
Density / Sq Mi
$53,070
Median Household Income
$29,394
Median Earnings
$1,017
Median Rent
$111,500
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 - Absolute NNN lease with a corporate-guaranteed tenant provides long-term income backed by scheduled rent growth.
Where is this conventional restaurant located?
The property is located at 1401 Jamison Ave SE Roanoke, VA.
What is the asking price?
The asking price for this property is $2,251,652.
What are key features of this property?
This property features: Absolute NNN lease with corporate‑guaranteed Arby’s tenant; Lease term runs through January 31, 2038; Scheduled 10% rent increases every 5 years
