Description

Arby’s QSR is a 3,294 SF restaurant property offered for sale at 2796 Eastern Boulevard in Montgomery, AL 36106. The property is 100% occupied, giving investors an operating retail asset with a defined income stream rather than vacant space to lease.

The 3,294 SF building sits on 0.93 acres and was built in 1995 and renovated in 2021. Traffic count is 47,124 AADT, a relevant measure for buyers focused on the visibility of a quick-service restaurant location. The site combines a restaurant-sized building with a larger land holding, while the renovation date gives buyers a reference point for reviewing the asset’s history. Its 100% occupancy and Absolute Net lease type make the existing tenancy central to the investment: the sale is positioned around income from the property, not a plan to fill empty space.

The asking price is $1,850,000, or $561.63 PSF, with NOI of $119,000 and a 6.43% in-place cap rate. In-place rents are $119,000/yr, and WALT is 10 years. Together, those figures give an investor a clear basis for comparing the purchase price, current income and remaining lease duration. The fee simple ownership interest identifies the title held in the property; the Absolute Net lease type identifies the structure under which the income is received. For a buyer seeking an occupied restaurant investment, Arby’s QSR offers a defined entry price and an existing income stream.