Freestanding Arby’s Drive-Through
For Sale
$1,818,968
2960 W Parrish Ave, Owensboro, KY 42301
Corporate guarantee supports an absolute NNN lease with renewal options.
Property Size3,422 SF
Price / SF$531.55
Days on Market150
Property Features for 2960 W Parrish Ave
General Information
Standard status
Active
Size
3,422 SF
Property subtype
Restaurant
Lease Type
NNN
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.1%
Amenities
7.5 Years Remaining on Freestanding QSR with Drive Thru | Arby's Restaurant Group (Inspire Brands) Corporately Guaranteed Absolute NNN Lease with Three, Five-Year Renewal Options
Strategically Located Directly Off US Hwy 60/Wendell Ford Expressway as a Kroger Outparcel on W Parrish Avenue – the City's Main East/West Thoroughfare | Adjacent to New Publix Supermarket Development
½ Mile to Owensboro-Daviess County Regional Airport and the area's Newest 480-Acre Industrial Park, MidAmerica Airpark
Building Details
Building Size
3,422 SF
Listing Agency:
(317) 218-5325
Listed By:
Madison K. Harman · License #License(s): IN: RB14052326
(317) 218-5325
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 29
Last Checked: Aug 29 at 7:35PM
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 Madison K. Harman
Investment Insights
Based on property information with market context.
This freestanding Arby’s quick-service restaurant contains 3,422 square feet and includes a drive-through. Arby’s Restaurant Group, part of Inspire Brands, provides a corporate guarantee under an absolute NNN lease. The lease has 7.5 Years Remaining, three, five-year renewal options, and 10% rental increases every 5 years and in options.
The property is positioned as a Kroger outparcel on W Parrish Avenue, directly off US Hwy 60/Wendell Ford Expressway. W Parrish Avenue is identified as the city’s main east/west thoroughfare. A new Publix supermarket development is adjacent, with additional surrounding retailers including Tractor Supply Company, McDonald’s, Burger King, Goodwill, Advance Auto Parts, O’Reilly Auto Parts, Ollie’s Bargain Outlet, Sonic, AutoZone, Ace Hardware, US Bank, Marathon, and others. The site is also located ½ mile from Owensboro-Daviess County Regional Airport and MidAmerica Airpark, a 480-acre industrial park.
The property is positioned as a Kroger outparcel on W Parrish Avenue, directly off US Hwy 60/Wendell Ford Expressway. W Parrish Avenue is identified as the city’s main east/west thoroughfare. A new Publix supermarket development is adjacent, with additional surrounding retailers including Tractor Supply Company, McDonald’s, Burger King, Goodwill, Advance Auto Parts, O’Reilly Auto Parts, Ollie’s Bargain Outlet, Sonic, AutoZone, Ace Hardware, US Bank, Marathon, and others. The site is also located ½ mile from Owensboro-Daviess County Regional Airport and MidAmerica Airpark, a 480-acre industrial park.
Key Highlights
- Freestanding 3,422‑square‑foot Arby’s quick‑service restaurant with drive‑through
- 7.5 Years Remaining on an absolute NNN lease
- Arby’s Restaurant Group (Inspire Brands) corporately guaranteed lease
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
249k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 37%
Groceries 15%
Home Improvements & Furnishings 3%
Kroger
Groceries
37,783 visits/mo
0.1 miles
McDonald's
Dining
29,786 visits/mo
0.3 miles
FiveStar Food Mart
Shops & Services
25,306 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
20,030 visits/mo
0.1 miles
Ollie's Bargain Outlet
Shops & Services
17,880 visits/mo
0.3 miles
Demographics for 42301, KY
44,883
Population
19,833
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
173.0 sq mi
ZIP Area
259
Density / Sq Mi
$62,010
Median Household Income
$37,305
Median Earnings
$883
Median Rent
$180,600
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 - Corporate guarantee supports an absolute NNN lease with renewal options.
Where is this nnn property located?
The property is located at 2960 W Parrish Ave Owensboro, KY.
What is the asking price?
The asking price for this property is $1,818,968.
What are key features of this property?
This property features: Freestanding 3,422‑square‑foot Arby’s quick‑service restaurant with drive‑through; 7.5 Years Remaining on an absolute NNN lease; Arby’s Restaurant Group (Inspire Brands) corporately guaranteed lease
