BRAND NEW 20-YEAR ABSOLUTE TRIPLE-NET SALE LEASEBACK
- Zero Landlord Responsibilities
- 10% Rental Increases Every 5 Years
- Four Five-Year Renewal Options
HEALTHY RENT-TO-SALES RATIO OF 7.50%
- During 2023, the subject property achieved Gross Sales of $1,939,802
OPERATED BY THE 3RD LARGEST AND EXPANDING ARBY’S FRANCHISEE
- AES Restaurants (Attitude Equals Success)
- Franchisee John Wade has been in the Arby’s system since 1993 and is the current chairman of the Arby’s Franchise Association (AFA)
SIGNALIZED CORNER PAD SITE TO NORTH DAKOTA'S MOST VISITED COMMUNITY CENTER
- Grand Forks Marketplace, dual anchored by Target & Lowe's, ranks first of 28 community centers in the state (100th percentile)
- Additional national retailers include Best Buy, Sierra, Starbucks, Culver's, Famous Footwear, and many more national brands
HIGHWAY EXIT LOCATION (I-29) TO GRAND FORK'S COMMERCIAL HUB
- Within a one-mile radius of the subject property, there is 2.5M SF of retail or 44% of the entire retail product in Grand Forks, ND (5.7M SF)
- Scheel's anchors the nearby Columbia Mall, while additional national retailers include Walmart, Sam's Club, Target, Lowe's, Kohl's, Menards and more
- 798 Hotel Rooms in a one-mile radius
- First accessible quick service restaurant from highway exit