8471 Harley Dr
Burbank, OH 44214

The subject investment opportunity is a freestanding Arby’s located in Burbank (Lodi), Ohio. Arby’s signed a new 20-year absolute NNN lease with NO Landlord responsibilities. The lease calls for 7.5% rental increases every 5-years. The lessee is D and J Giesen Inc. (DJI) is a management company operating nine Arby’s restaurants throughout central and northeast Ohio. An award winning franchisee since 1992 with Arby’s, Mr. Giesen also operates 2 Fast Freddy’s Frozen Custard and Steakburgers and a Johnny Rockets restaurant in Colorado. The lease is personally guaranteed by David Giesen. Arby’s is a globally recognized restaurant chain with 3,300 stores worldwide. The chain continues to expand nationally and internationally with 60 store openings in 2016 and 86 planned for 2017. In the US Arby’s has posted 26 consecutive quarters of same store sales growth and outperformed the overall quick serve restaurant sector 17 consecutive quarters. (NPD Sales Track Weekly Reports April 2017). The subject property is located at the entrance to the Ohio Station Outlets, a major outlet center conveniently located off I-71 at exit 204 just a 45-minute drive from Cleveland or Akron/Canton and 90 minutes north of Columbus.