NNN Arby's Corporate – St. Petersburg, FL

SOLID INVESTMENTS

Co-LISTED With GM Real Estate & Development

Absolute NNN · Corporate Guarantee · AFFLUENT LOCATION

NNN Arby's Corporate

St. Petersburg, Florida

$1,450,000

Asking Price

5.0%

CAP Rate

$72,925

NOI (Annual)

4.7± Yrs

Lease Term Remaining

Investment Summary

Property & Lease Overview

$1,450,000

Asking Price

5.0%

CAP Rate

$72,925

Net Operating Income

4.7± Yrs

Remaining Term

Property Details

Address	571 34th Street N, St. Petersburg, FL
Building Size	2,492± SF
Lot Size	0.5± Acres
Year Built / Renovated	1967 / 2016
Lease Type	Absolute NNN Fee Simple (Building & Land)
Landlord Obligations	None
Lease Guarantor	Corporate
Cross-Access Easement	Yes – Corner Access

Lease Schedule

Remaining Term	4.7± Years
Lease Expiration	February 28, 2031
Options to Renew	(2) 5-Year Options
Current Base Rent	$5,000 / Mo · $60,000 / Yr
Option 1 & 2 Rent	$5,000 / Mo · $60,000 / Yr

Income Summary

Total NOI (w/ % Rent)	$72,925 / Yr
Base Rent	$60,000 / Yr
Percentage Rent Clause	4% on sales > $1.0M
2025 Store Sales	$1,323,119
2025 Percentage Rent Paid	$12,925

Site Map

Aerial View

Regional Context

Location Overview

Investment Highlights

Property Highlights

Absolute NNN Corporate Arby's
✔

                                    Long-Standing Tenant Commitment — Arby's has operated at this St. Petersburg location for nearly 60 years
                                
✔

                                    4.7± years remaining on the Lease with (2) 5-Year Options to Renew
                                
✔

                                    Percentage Rent Upside — 4% on sales exceeding $1.0M; 2025 percentage rent of $12,925 on $1,323,119 in sales
                                
✔
Affluent Location — Average HH Income in excess of $100,000
                                
✔

                                    Absolute NNN — Zero Landlord Obligations; tenant responsible for all taxes, insurance, and maintenance
                                
✔
Store was renovated in 2016 to Arby's current prototype standards

Prime St. Petersburg Location
✔

                                    High-Traffic Corridor — 34th Street N is one of St. Petersburg's primary north-south commercial arterials with strong daily traffic counts
                                
✔
Dense Urban Demographics — Over 200,000 residents within 5-miles with strong average household incomes
                                
✔

                                    Cross-Access Easement to corner — enhanced visibility and traffic flow from multiple points of ingress/egress
                                
✔
Located within the Tampa Bay MSA — nation's 18th largest metropolitan area and one of Florida's fastest-growing markets
                                
✔
Surrounded by national retailers including Walmart, McDonald's, Walgreens, Dollar General, and major auto dealers
                                

Photography

Property Photos

Trade Area Analysis

Demographics

Category	1-Mile	3-Mile	5-Mile
Population
2025 Population	14,721	142,047	294,571
2030 Population	14,936	144,552	297,923
Race & Ethnicity
White	58.5%	58.6%	64.3%
Black / African American	24.1%	24.6%	18.7%
Asian	4.6%	4.2%	4.4%
Two or More Races	9.3%	9.2%	9.2%
Hispanic Origin	10.2%	10.4%	10.3%
Diversity Index	66.3	66.2	62.5
Household Income
2025 Median HH Income	$79,576	$71,932	$74,410
2025 Average HH Income	$104,946	$99,365	$105,866
Traffic Counts at Intersection
34th Street N (VPD)	38,500±
5th Ave N (VPD)	24,000±
Combined Intersection (VPD)	62,500±

Key Trade Area Facts

✔294,500+ residents within 5-mile radius

✔Avg HH Income $105,866 within 5-miles

✔Median HH Income $74,410 within 5-miles

✔62,500± combined VPD at intersection

✔Dense urban infill location with limited new supply

Location Intelligence

Market Overview – St. Petersburg, FL

St. Petersburg is the fourth-largest city in Florida and a crown jewel of the Tampa Bay metropolitan area — the nation's 18th largest MSA, with over 3.2 million residents. Located on a peninsula between Tampa Bay and the Gulf of Mexico, St. Petersburg offers an unmatched combination of urban density, waterfront lifestyle, and consistent economic growth driven by a diverse mix of industries including healthcare, finance, technology, and tourism.

The city's 34th Street North corridor is a high-traffic commercial arterial serving a dense network of established residential neighborhoods and major retail trade areas. The subject property benefits from this built-in consumer base and the strong daily traffic generated by surrounding national retailers, auto dealerships, and service businesses that have anchored this corridor for decades.

St. Petersburg has experienced significant economic revitalization in recent years, with a thriving downtown, world-class museums (including the Salvador Dalí Museum), and an exploding restaurant and entertainment scene that consistently draws tourism from across the region and beyond. Major employers include Johns Hopkins All Children's Hospital, Raymond James Financial, Bayfront Health, and Jabil Circuit, providing a stable, high-income workforce within the trade area.

The broader Tampa Bay region continues to attract corporate relocations, remote workers, and retirees from higher-cost markets, fueling strong population growth and sustained demand for retail goods and services. With no state income tax, a business-friendly regulatory environment, and year-round warm weather, the Tampa Bay-St. Petersburg market remains one of the most compelling investment destinations in the southeastern United States.

Legal

Net Lease Disclaimer

Solid Investments and GM Real Estate & Development hereby advise all prospective purchasers of Net Leased property as follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Solid Investments has not and will not verify any of this information, nor has Solid Investments conducted any investigation regarding these matters. Solid Investments makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a net leased property, it is the Buyer's responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. Solid Investments expressly denies any obligation to conduct a due diligence examination of this Property for Buyer.

Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors.

Buyer and Buyer's tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs.

Like all real estate investments, this investment carries significant risks. Buyer and Buyer's legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant's past performance at this or other locations is an important consideration, it is not a guarantee of future success.

Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant's projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions.

By accepting this Marketing Brochure you agree to release Solid Investments and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.

Exclusively Marketed By

For More Information, Please Contact:

Broker / Net Leased Specialist

Derrick Schroeder

Solid Investments
C: 954-296-6955
F: 954-944-1830
Dschroe@SolidInvestmentsFL.com
www.SolidInvestmentsFL.com

Broker

Bert Mooney

GM Real Estate & Development
O: 727-248-9189
C: 727-248-9189
bert@gmreal.co
www.gmreal.co