311 14Th St Huntingburg, IN 47542
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.