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Horvath & Tremblay Facilitates $3.52M Arby's Sale In LaVale, MD With Kyle Danielson
SOLD
$3,524,000
Maryland
See Similar DealsRetail
Sold 03/28/2024
SOLD
Horvath & Tremblay Facilitates $3.52M Arby's Sale In LaVale, MD With Kyle Danielson
1206 National Highway
See Similar DealsRetail
Sold 03/28/2024
Summary
MARYLAND
Asset Type:Retail
Transaction Type:Sale
An Arby’s located at 1206 National Highway in LaVale, MD, was recently sold in a retail transaction. The property was sold for $3,524,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,524,000
- Address: 1206 National Highway
- Market: LaVale, MD
Kyle Danielson from Horvath & Tremblay played a key role in facilitating the sale of the Arby’s in La Vale, MD, representing the buyer in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$187,946.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,520.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,705.56
Annual Debt Service$200,466.69
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