1210 Us Highway 2 Kalispell, MT 59901
High-volume Arby's, 20-year lease.
Property size:
3,007 SFProperty Features for 1210 Us Highway 2
General Information
- Property type
- Individual retail properties
- Square Feet
- 3,007 SF
- Lot Size
- 34,848 SF
Building Details
- Year Built
- 1983
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Agent: Andrew Jaworski
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fee-simple ownership of a high-performing Arby's restaurant located at 1210 U.S. Hwy 2 W in Kalispell, Montana. The property boasts 3,007 square feet on a 0.8-acre lot, situated in a vibrant retail corridor near Gateway, Westbrook Square, and Kalispell Center Malls. A new 20-year absolute NNN sale-leaseback agreement with AES Restaurants is in place, commencing with an annual base rent of $174,892 and featuring 10% rent escalations every five years throughout the initial term and four, five-year renewal options. The property's strong NOI of $174,892 yields a 5.50% cap rate, reflecting a compelling return on investment. Built in 1983, this single-story building benefits from a 100% occupancy rate and is zoned for commercial use. The property's prime location, coupled with the long-term lease and built-in rent increases, provides a stable and attractive investment prospect in a thriving Montana market. This is a rare opportunity to acquire a well-established, high-performing QSR property with significant upside potential. The property's location benefits from high traffic counts and proximity to US-93 Alt. Exit Ramp. AES Restaurants, a reputable franchisee operating 188 units, ensures a strong and reliable tenant.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Kalispell
- County
- Flathead
- State
- Montana
- Longitude
- -114.3337346
- Latitude
- 48.1996368
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FAQs
What type of property is this?
Individual retail property - High-volume Arby's, 20-year lease.
Where is this individual retail property located?
The property is located at 1210 Us Highway 2 Kalispell, MT.
What is the asking price?
The asking price for this property is $3,179,859.
What are key features of this property?
This property features: Fee-simple ownership of a high-performing Arby's restaurant in a dense Kalispell, MT retail corridor with high traffic counts and proximity to US-93 Alt. Exit Ramp.; New 20-year absolute NNN lease with 10% rent escalations every five years.; Well-performing Arby's with above-average sales and strong customer loyalty.