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Arby's Location Sells for $1.1M

L&M Realty Acquires Restaurant Bldg. in Cheshire; Arby's Under Long-Term Lease
By Christina Mckinnon
June 27, 2007 | 1:04 P.M.

Everett Cheshire Properties sold the Arby's fast food restaurant at 980 S. Main St. in Cheshire, CT, to L&M Realty LLC for $1.1 million, or about $327 per square foot, with a 7.5% capitalization rate.

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