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  • Arby's - Albert Lea
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Demographic Information (5-mile radius)
20,197
20,371
$85,883
$63,969

Arby’s

Arby's 2707 Bridge Ave, Albert Lea, MN, 56007
$2,062,000
  • Availability: Available
  • Tenancy: Single Tenant
  • Cap Rate: 6.00%
  • NOI: $123,720
  • Lease Type: NNN
  • Lease Expiration: January 30, 2035
  • Tenant: Franchise Associates, LLC
  • Rent Increases: 10% Every 5 Years

Property Highlights

  • Arby’s is on a NNN lease with approximately 9 years remaining on the lease and 10% increases every 5 years.
  • The lease is signed by Franchise Associates with guaranty by RTM Restaurant Group Inc., a subsidiary of its parent company, Arby’s Restaurant Group, a subsidiary of Inspire Brands.
  • Inspire Brands is a multi-brand restaurant company that owns and operates a diverse portfolio of well-known dining concepts, including Arby’s, Buffalo Wild Wings, Dunkin’, Jimmy John’s, and Sonic.
  • Arby’s is located in Albert Lea, MN, a city located in southern Minnesota, approximately 100 miles south of Minneapolis and approximately 15 miles to the Minnesota-Iowa border.
  • This property is located off of I-90 with traffic counts of 15,638 vehicles per day.
  • Albert Lea sits at the intersection of Interstates 35 and 90, making it a regional transportation hub for travelers.
  • 5-mile population of 20,197 and 1-mile average household income of $86,682.
  • Nearby tenants include Hy-Vee, Harbor Freight, Applebee’s, McDonald’s, Kwik Trip, Caribou Coffee, Fast & Fresh, and more.
  • Located near Hammer Sports Complex, a 40-acre sports campus featuring multiple athletic fields and facilities that host high school sports, community recreation, and regional sporting events.

Property Summary

Arby’s is located in Albert Lea, MN, a central commercial corridor in the "Land Between the Lakes." The property is situated in a high-traffic retail area with demographics including an average household income of approximately $89,787 within a 3 mile radius and a population of 20,197 within a 5 mile radius. Nearby tenants include Hy-Vee Grocery, Applebee’s Grill + Bar, Caribou Coffee, McDonald’s, Pizza Ranch, and Kwik Trip, making it a primary destination for dining and daily services in Freeborn County.

Contact

Deborah Vannelli, CCIM
612.376.4475
[email protected]

Keith A. Sturm, CCIM
612.376.4488
[email protected]

Amanda Leathers
612-436-0045
[email protected]