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Arby's

$1,873,820

100 Lemieur Street, Little Falls, MN 56345

Active
Last Updated: 10/20/2026

6.75

Cap Rate

126,482.91

NOI

Details:
Cap Rate:    6.75%
NOI:    $126,482.91
Building Size:    2,238 sqft
Lot Area:    0.71 acres
Occupancy:    100%
Lease Type:    Triple Net
Tenancy:    Single
Highlights:
  • Attractive Rent-to-Sales Ratio: Low Rent to Sales, supporting rent affordability and the potential for continued store-level operating performance.
  • Corporate-Backed NNN Lease: Arby’s operates under a corporate NNN lease with approximately 7 years of remaining term. The restaurant has operated at this location since 2009, demonstrating a longstanding presence in the market.
  • Highway 10 Exposure & Regional Traffic: Strategically positioned along Highway 10, with traffic counts exceeding 24,000 vehicles per day, and near Highway 27, with 12,700+ vehicles per day. The location benefits from regional traffic connecting the Twin Cities to central Minnesota and popular northern Minnesota destinations.
  • Established Regional Economic Drivers: Little Falls serves as the Morrison County seat and a commercial hub for surrounding communities. Nearby Camp Ripley, a major Minnesota National Guard training installation, further contributes to regional activity.
  • Recognized National Restaurant Brand: Arby’s is an established quick-service restaurant brand with more than 3,600 restaurants worldwide , known for its signature roast beef sandwiches and diverse menu, providing investors with exposure to a nationally recognized operator.
  • Established Retail & Restaurant Corridor: The property is surrounded by national retailers and restaurant brands, including Walmart, Tractor Supply, Aldi, McDonald’s, Taco John’s, and Pizza Ranch, reinforcing the area's established commercial draw.
  • Strategic Central Minnesota Location: Located in Little Falls, approximately 30 miles north of St. Cloud and 100 miles northwest of the Twin Cities, the property benefits from access to a broader regional customer base and popular outdoor recreation destinations.
Description:

Little Falls, Minnesota, is a historic community located along the Mississippi River in Central Minnesota and serves as the county seat of Morrison County. Situated approximately 30 miles north of St. Cloud and 100 miles northwest of the Minneapolis–St. Paul metropolitan area, Little Falls benefits from its location at the intersection of U.S. Highway 10, Minnesota
Highway 27 and Minnesota Highway 371, providing convenient access to communities throughout Central Minnesota. With a population of approximately 9,300 residents, Little Falls serves as an important regional commercial and service center for Morrison County and the surrounding rural communities. The city has experienced population growth since 2010 and generates approximately $271 million in annual retail sales.

Map:
Documents:
Title
Arby_s_-_Little_Falls__MN_MP.pdf
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Location
Gallery