1221 E Main St
Gas City, IN 46933

The subject property was built for Arby’s in 1991, and benefits from a complete remodel that the tenant completed in Spring of 2017. There are over 12 years remaining on the corporately guaranteed lease, before three, five year options with five percent rental escalations. The lease is true absolute triple net, and requires zero landlord management responsibilities. The lease also offers a five percent rent bump in 2021. Arby’s has a Drive-Thru and sits on a .75 acre parcel with excellent frontage to E Main Street, or U.S. Route 35 in the main retail corridor of Gas City. Arby’s is located in front of a Kmart, Family Dollar and New Market center, near Dollar General, Autozone, Pizza Hut, CVS, Verizon and more. Arby’s benefits from it’s location just 1.2 Miles from the Walmart Distribution Center, a major employer for Gas City and just 2 Miles from 1-69, which sees more than 33,000 cars per day. Arby’s Restaurant Group, Inc. acquired this location from the local franchisee, and signed a new 15 year lease in January of 2016. The subject property had been reporting increasing year over year sales around $1,170,000, and Arby’s national reports estimate a remodel to increase sales further by at least 25%. Gas City is located 50 miles south of Fort Wayne, Indiana and is 61 miles north of Indianapolis, Indiana.