Absolute NNN Arby’s
For Sale
Contact for pricing
510 Pierce St, Kingston, PA 18704
The lease places all property responsibilities with the tenant and includes scheduled rent increases.
Property SizeContact for details
Days on Market9
Property Features for 510 Pierce St
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Year Built
2010
Tenancy
Single
Listing Agency:
Malchus Real Estate
Listed By:
Joel Cukier · License #02005095
(424) 320-5460
Source:
Crexi
Added: Sep 18
Changed: Sep 24
Last Checked: Sep 26 at 6:01AM
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.
The Arby’s restaurant was rebuilt in 2010 with new construction and updated brand imaging. Its absolute NNN lease assigns zero landlord responsibilities and has 11.5 years remaining on the base term, with rent increases of 10% every five years. RTM Operating Company LLC guarantees the lease; it is identified as a wholly owned subsidiary of Inspire Brands.
The property occupies a signal-controlled intersection at Pierce Street and Third Avenue in Kingston, Pennsylvania. ALDI is directly across the street, within an established retail corridor that also includes national retailers and restaurants. The surrounding population is approximately 90,000 within 3 miles and more than 131,000 within 5 miles. Daytime employment totals approximately 36,000 within 3 miles and nearly 54,000 within 5 miles.
The property occupies a signal-controlled intersection at Pierce Street and Third Avenue in Kingston, Pennsylvania. ALDI is directly across the street, within an established retail corridor that also includes national retailers and restaurants. The surrounding population is approximately 90,000 within 3 miles and more than 131,000 within 5 miles. Daytime employment totals approximately 36,000 within 3 miles and nearly 54,000 within 5 miles.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- Rebuilt with new construction and updated Arby’s imaging in 2010
- 11.5 years remain on the base term; rent increases 10% every five years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
54k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 52%
Shops & Services 29%
Dining 18%
Home Improvements & Furnishings 2%
Aldi
Groceries
28,012 visits/mo
0.2 miles
Turkey Hill Minit Market
Shops & Services
12,737 visits/mo
0.4 miles
Arby's
Dining
9,702 visits/mo
0.1 miles
Enterprise Rent-A-Car
Shops & Services
2,182 visits/mo
0.1 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
823 visits/mo
0.5 miles
Demographics for 18704, PA
31,138
Population
14,531
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
10.1 sq mi
ZIP Area
3,083
Density / Sq Mi
$62,907
Median Household Income
$39,349
Median Earnings
$935
Median Rent
$154,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The lease places all property responsibilities with the tenant and includes scheduled rent increases.
Where is this nnn property located?
The property is located at 510 Pierce St Kingston, PA.
What is the asking price?
The asking price for this property is $2,698,407.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; Rebuilt with new construction and updated Arby’s imaging in 2010; 11.5 years remain on the base term; rent increases 10% every five years
