Arby’s Drive-Thru & T-Mobile
Multi-Tenant Offerings
Arby’s Drive-Thru & T-Mobile
570-U.S. 62
Princeton, KY
- Price:
- $2,100,000
- Cap Rate:
- 7.00%
- NOI:
- $147,150
- Rentable SQFT:
- 4,200 SF
- Year Built:
- 2022
- Lot Size:
- 0.637 +/- Acres
- Status:
- Available
Investment Highlights
- 100% Occupied by Arby’s and T-Mobile
- 20-Year Lease to Experienced Arby’s Franchisee with 14 Locations, Strong Personal Guaranty
- 10-Year Corporate Lease to T-Mobile with 7,500+ Locations, 2nd Largest Wireless Communications Provider
- Rental Increases in the Base Term and Options, Minimal Landlord Responsibilities
- Brand New High-Quality Construction with a Drive-Thru
- Regional Retail Corridor Including Walmart Supercenter, Tractor Supply, Dollar Tree, Bealls, and Many More
- Highly Visible Along Major East/West Artery with Over 10,000 Cars/Day
- Adjacent to Caldwell County Hospital and Medical Center, Serving Several Surrounding Counties
- Just North of Land Between the Lakes National Recreation Area with Over 1.5 Million Visitors Annually
- Close Proximity to Daniel Boone National Forest, Ozark St. Francis National Forest, and Mark Twain National Park
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