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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

311 14Th St Huntingburg, IN 47542

2,342 SF Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 2,342 square foot Arby's restaurant located at 311 East 14th Street, Huntingburg, Indiana 47542. Built in 2021, this single-story building operates under a 15-year absolute NNN lease, commencing November 1, 2021, and expiring October 31, 2036. With over 12 years remaining on the lease term, this property offers significant long-term stability and predictable cash flow. The lease includes two rent increases built into the base term, occurring every five years, and a five-year renewal option. The tenant, Friends Hospitality of Huntingburg, LLC, is comprised of three experienced restaurant operators with a combined net worth exceeding $12 million, managing 11 Arby's and 4 Wings Etc. locations. The property boasts a 5.75% cap rate and a current Net Operating Income (NOI) of $90,000. The Arby's is strategically located near other retail establishments, including Dairy Queen, Wendy's, IGA, Dollar General, and Ace Hardware, ensuring high visibility and strong customer traffic. This is a turnkey investment with zero landlord responsibilities

Property profile
Verified
Property type Retail properties & Spaces
Year built 2021
Total area 2,342 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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