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Arby's Restaurant
25957 NW Freeway
Cypress, TX
$2,592,000
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The subject property is a freestanding Arby’s Restaurant located on the northeast corner of Highway 290 and Spring Cypress Road in the NW Houston suburb of Cypress, Texas. Arby’s is situated in front of a Lowe’s Home Improvement store and adjacent to a new Firestone Tire and Wachovia Bank. Traffic generators in the immediate area include Wal-Mart, Target, Home Depot, TJ Maxx, Kroger Supermarket, 24 Hour Fitness, Dollar Tree, Ross, Famous Footwear, Bed Bath & Beyond, Petsmart, Office Depot, Pier 1 Imports, Capital One, Bank One, Bank of America, Hollywood Video, Hobby Lobby, Taco Cabana, Sonic Drive-In, Chili’s, and Chick-Fil-A.
Tenant: Arby's Restaurant Group, Inc. (ARG)
Arby's Restaurant Group, Inc. ("ARG"), a wholly owned subsidiary of Triarc, is the franchisor of the Arby'sŪ brand, and, through its subsidiaries, the owner and operator of over 1,000 Arby's restaurants in the United States. They operate in 54 markets in 27 states. With approximately 3,500 restaurants primarily in the United States, Arby's is the largest restaurant franchising system specializing in the roast beef sandwich segment of the quick service restaurant ("QSR") industry. Arby's is also the 12th largest quick service restaurant chain in the United States. Arby's Restaurant Group also owns and operates the T.J. Cinnamons brand. Arby's Restaurant Group is a subsidiary of Triarc Companies, Inc. (NYSE: TRY, TRY.B).
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Purchase Price:
$2,592,000
Annual Rent:
$175,000
Cap Rate:
6.75%

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