Arby s - Wheatland, Wyoming Price $980,000 7% Cap Rate 7+ Years Lease Length 1.5% Annual Rent Increases Just off Interstate 25 Strong Store Sales
91 7515 16th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654 Summary of Salient Facts Address 91 16th Street, Wheatland, WY 82201 Price / Cap $980,000 / 7% Cap Rate Rent $5,714 Monthly / $68,568 Annually Lot Size 2.2 Acres Building Size 2,687 Year Built 1988 Store # 5439
91 7515 16th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654 Tenant Summary Tenant Trade Name Arby s Rental Increases 1.5% Per Year Tenant Bentley-Miller Franchisee 2018 $68,568 Lease Guarantor Arby s Franchisee Bently-Miller (25 locations) 2019 2020 $69,597 $70,641 Lease Type Rent As of 2.1.2018 $68,568 NNN Lease. No Landlord Obligations. 2021 2022 2023 $71,701 $72,777 $73,869 Roof and Structure Tenant Resposible 2024 $74,977 Lease Term 20 years Lease Commencement Date 1.21.2005 Lease Expiration Date 2.01.2025 Term Remaining on Lease 7+ years. Plus Three 5-year options to renew. 2025 $76,102 Options (3) 5 year options with annual rental increases of 1.5%. All options would extend the tenancy to 12/31/2040. Highlights 1.5% Annual Rent Increases. Very strong store sales. Over 1.3 million in 2016. Attractive 7% Return. Strong franchisee with over 30 years experience. Rare large site 2.2 Acres. True NNN Lease.
91 7515 16th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654 About Arby s The Arby s brand purpose is Inspiring Smiles Through Delicious Experiences. Arby s delivers on its purpose by celebrating the art of Meatcraft with a variety of high-quality proteins and innovative, crave-able sides, such as Curly Fries and Jamocha shakes. Arby s Fast Crafted restaurant services feature a unique blend of quick-serve speed combined with the quality and made-for-you care of fast casual. Arby s Restaurant Group, Inc. is the franchisor of the Arby s Brand and is headquartered in Atlanta, Ga. About Bentley-Miller Franchise WHAT DO ARBY S FRANCHISEES SAY? Q&A WITH RICK BENTLEY Rick Bentley has been an Arby s franchisee for 30 years. Here s why he s more excited than ever before. In his 30 years as an Arby s franchisee, Rick Bentley has never been more excited about the Arby s brand than he is today. Bentley, who owns 25 Arby s restaurants in Nebraska, Wyoming, South Dakota and Montana, says that since Paul Brown took over as CEO in 2013, the Brand has been re-energized. Communications between the franchisor and franchisees are stronger than ever, and the level of menu and operational innovation is unlike anything he has ever seen during his time in the Arby s system. The last three years have just been fantastic, he says. Arby s vision and the direction of the Brand by bringing in the right people on product innovation and thinking outside the box, has just been phenomenal. Our franchisor has gone above and beyond in providing us with the opportunity to succeed. All we have to do is execute; they re bringing us the right products. Bentley recently shared his experience with us as a way to help potential franchisees better understand the Arby s brand. This is what he shared: You have high praise for the current Arby s leadership team. What s the new genius that they re bringing to the table? Paul Brown is a super individual very unassuming, very focused, very professional. He hit it on the head when he said, You know, this is about a Brand and being who we are. This isn t about going out and trying to be somebody else. So many times in the past, we ve had a me too mindset, following the lead of other brands. Paul came in and said we are defined by our meats, and by a deli-inspired approach. And he s hired the right chefs, the right people in product development, and we ve taken on the monster the price of proteins and made it a win-win for everybody. The new restaurant design creates an amazing ambiance for Arby s guests. The new production line allows us to be more efficient in a smaller footprint. The new menu and the new advertising it s all been very, very innovative, creative and bold. ***information gathered from the Arby s website:https://arbys.com/about ***information gathered from the Arby s website:http://arbysfranchising.com/blog/arbys-franchisees-say-qa-rick-bentley/
91 7515 16th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654 Close Up Aerial Map
91 7515 16th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654 Aerial Map
Property Photos 91 751516th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654
Property Photos 91 751516th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654
Interior Photos 91 751516th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654
91 751516th Goodman Street, Road, Wheatland, Olive WY Branch, 82201 MS 38654 Surrounding Area & Shops Photos