NNN Arby’s Restaurant
For Sale
Contact for pricing
3915 Ridge Road ., Highland, IN 46322
Absolute NNN Arby’s is available with a remaining 15-year lease term and scheduled 7.5% rent increases every five years.
Property SizeContact for details
Days on Market122
Property Features for 3915 Ridge Road .
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Marcus & Millichap - Seattle
Listed By:
Hank Wolfer · License #WA 110547
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 4:38AM
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 Marcus & Millichap - Seattle
Investment Insights
Based on property information with market context.
This absolute NNN Arby’s restaurant is offered for sale as a franchisee-operated investment. The original 20-year lease was signed in 2006, and the tenant reaffirmed its long-term commitment through a lease amendment that sets the remaining lease term to 15 years as of July 1, 2018. The amendment also provides for 7.5% rent increases every five years.
The property is located in Highland, Indiana. It is positioned adjacent to new construction People’s Bank and across the street from McDonald’s. The immediate area includes additional major retailers such as Dunkin’ Donuts, Culver’s, KFC, Jiffy Lube, and Taco Bell, among others.
The offering is structured as an absolute NNN franchise restaurant investment with the lease and rent increase schedule already in place.
The property is located in Highland, Indiana. It is positioned adjacent to new construction People’s Bank and across the street from McDonald’s. The immediate area includes additional major retailers such as Dunkin’ Donuts, Culver’s, KFC, Jiffy Lube, and Taco Bell, among others.
The offering is structured as an absolute NNN franchise restaurant investment with the lease and rent increase schedule already in place.
Key Highlights
- Absolute NNN Arby’s franchisee location in Highland, Indiana with remaining 15‑year lease term as of July 1, 2018
- Lease amendment reaffirmed tenant commitment and includes 7.5% rent increases every 5 years
- Original 20‑year lease signed in 2006; tenant exercised amendment to extend remaining term
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
222k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 33%
McDonald's
Dining
35,319 visits/mo
0.0 miles
Speedway
Shops & Services
25,229 visits/mo
0.4 miles
Culver's
Dining
21,628 visits/mo
0.1 miles
Dollar Tree
Shops & Services
19,105 visits/mo
0.4 miles
Wendy's
Dining
15,601 visits/mo
0.4 miles
Demographics for 46322, IN
23,984
Population
10,791
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,476
Density / Sq Mi
$76,219
Median Household Income
$47,458
Median Earnings
$1,202
Median Rent
$219,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN Arby’s is available with a remaining 15-year lease term and scheduled 7.5% rent increases every five years.
Where is this nnn property located?
The property is located at 3915 Ridge Road . Highland, IN.
What are key features of this property?
This property features: Absolute NNN Arby’s franchisee location in Highland, Indiana with remaining 15‑year lease term as of July 1, 2018; Lease amendment reaffirmed tenant commitment and includes 7.5% rent increases every 5 years; Original 20‑year lease signed in 2006; tenant exercised amendment to extend remaining term
