Arby's in Kalispell, MT

The subject property is in the northwest portion of the City of Kalispell, Flathead County, Montana. Kalispell is also the county seat. Kalispell is in the northern part of the state about 118 miles north of Missoula. Kalispell is at the intersection of U.S. Routes 2 and 93.Announcing an absolute NNN investment opportunity occupied by a national brand Arby’s – American fast-food sandwich restaurant chain. Food & Wine magazine called Arby’s “America’s second largest sandwich chain (after Subway)”. The seller is AES Midwest, a proud franchisee of 59 Arby’s restaurants and affiliate of AES Restaurant Group; the third largest franchisee in the Arby’s system with 87 restaurants in 2023. The subject property is located at 2834 King Ave W, Billings, Montana on the prime retail corridor. Billings is the most populous city in Montana with a population of 117,116. With one of the largest trade areas in the United States (over 500,000), Billings is the trade and distribution center for much of Montana. Billings is also the largest retail destination for much of the same area. This well-maintained 3,215 SF free standing building is a prime asset for experienced or first-time investors. The retail building offers a 5.16% cap rate with NOI of $190,929. With a single national tenant committed for 20 years initial term with 4 renewal options at 5-year each with 10% escalations every 5 years, this absolute NNN property delivers a secure, hassle-free investment. Don't miss out on the chance to secure a stable, income-generating asset with significant growth potential in one of the largest retail destinations in the U.S.