Corporate and franchisee Arby’s leases at accessible price points, and what to check before you buy, from a buyer’s broker with Arby’s listings and closings in Florida.
An Arby’s NNN property is a freestanding quick-service restaurant, usually about 2,000 to 3,000 square feet with a drive-thru, leased on a NNN or absolute NNN basis. Arby’s is owned by Inspire Brands, the private parent of Dunkin’, Sonic, Buffalo Wild Wings and Jimmy John’s, which filed to go public in May 2026. Arby’s had 3,265 U.S. restaurants at the end of 2025, and unusually for a burger-style QSR, about 28% are company-operated, so corporate Arby’s leases come up for sale more often than for most franchise brands.
Arby’s closed a net 148 U.S. restaurants in 2025 and has been selling company stores to franchisees, so who signs the lease and how the store performs matter more than the brand name. Many Arby’s trade with shorter remaining terms, which can mean higher yields for buyers who underwrite the real estate well on a 1031 exchange. Solid Investments FL has represented buyers on Arby’s transactions, including a corporate Arby’s in Clearwater, Florida, and currently has corporate Arby’s available in Lakeland and St. Petersburg. Our buyer representation is always free to you.
| Tenant | Arby’s corporate (Arby’s Restaurant Group) or a franchisee operating company; confirm the tenant and every guarantor on each lease |
|---|---|
| Parent company | Inspire Brands, Atlanta; privately held, filed for an IPO in May 2026 |
| Credit | No public credit rating for Arby’s or Inspire; franchisee credit varies by operator |
| Restaurants | 3,265 in the U.S. at year-end 2025: about 921 company-operated and 2,344 franchised |
| Recent trend | Net 148 fewer U.S. restaurants in 2025; 115 company stores sold to franchisees |
| Lease type | NNN or absolute NNN; both ground leases and fee-simple deals trade |
| Remaining term | Often shorter terms on existing stores (under 10 years), with renewal options |
| Typical cap rate (2026) | About 5.0%–6.5%, depending on guarantor, location and remaining term |
| Typical price range | About $1M–$3.5M |
| Typical building | About 2,000–3,000 SF with a drive-thru, on roughly an acre |
Store counts from Arby’s 2026 franchise disclosure data (year-end 2025). Cap rates and pricing reflect current market conditions and vary by deal.
With about 28% of restaurants company-operated, corporate Arby’s leases are more common than for most QSR brands and trade at lower cap rates. Read exactly who signs the lease and who guarantees it.
Arby’s sold 115 company stores to franchisees in 2025. Check the lease’s assignment clause: if your store is sold to a franchisee, does the corporate guarantor stay on the lease or get released?
On a franchisee lease, confirm how many units actually back it. Franchisees often hold restaurants in separate subsidiaries, so a large operator’s lease may be guaranteed by an entity with only a few stores.
Ask for store-level sales. Rent at 6%–8% of sales is healthy and below 6% is very strong; around 10% is close to break-even for many operators. With closures under way, this is your best evidence the store is a keeper.
Compare the rent per square foot to what similar restaurant buildings lease for nearby. If it is at or below market, you can likely re-lease the building at the same or a higher rent if the tenant ever leaves.
Many Arby’s trade with under 10 years left. That can mean higher yields, but renewal depends on the store and the site, so favor corners and high-traffic corridors that would appeal to the next restaurant user.
We’ve represented buyers on Arby’s properties in Florida, including this corporate store:
Fast Food / QSR
Solid Investments FL is a NNN buyer's brokerage based in Lakewood Ranch (Sarasota), FL, that has represented buyers on Arby's transactions and currently has corporate Arby's available in Lakeland and St. Petersburg, Florida. We help investors and 1031 exchange buyers find, underwrite and close Arby's properties nationwide, and our buyer representation is free.
As of 2026, Arby's NNN properties generally trade around 5.0% to 6.5% cap rates. Corporate leases in strong locations trade at the lower end, while franchisee leases and stores with fewer years remaining trade higher.
Arby's is owned by Inspire Brands, a privately held restaurant company based in Atlanta that also owns Dunkin', Sonic, Buffalo Wild Wings and Jimmy John's. Inspire filed to go public in May 2026.
Both are common. About 28% of U.S. Arby's restaurants are company-operated, so corporate leases come up for sale more often than with most franchise brands. Always confirm exactly who signs and guarantees the lease.
Yes. Arby's had a net decrease of 148 U.S. restaurants in 2025 and sold 115 company stores to franchisees. Store-level sales, the guarantor and the real estate are the best protection.
Start with how many restaurants actually back the guarantee, since franchisees often hold stores in separate subsidiaries. Next, compare rent to store sales: rent at 6% to 8% of sales is healthy, below 6% is very strong, and around 10% is close to break-even for many operators. Finally, check rent per square foot against the local market.
If you buy it fee simple, yes: you own the building and site improvements, which can be depreciated, and a cost segregation study can accelerate part of that. With a ground lease you own only the land, which is not depreciable. Confirm with your CPA.
General information only, not investment, tax or legal advice. Credit ratings and market data change; verify current figures before investing.
We close Arby’s deals and know how to vet the lease and the store. Tell us your budget and timeline; our buyer representation is completely free.
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