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Arby's

$1,903,384

2707 Bridge Avenue, Albert Lea, MN 56007

Active
Last Updated: 10/08/2026

123,720

NOI

38,775 sqft

Lot Area

Details:
NOI:    $123,720
Lot Area:    38,775 sqft
Occupancy:    100%
Lease Type:    Triple Net
Tenancy:    Single
Highlights:
  • Arby’s is on a NNN lease with approximately 9 years remaining on the lease and 10% increases every 5 years.
  • Interior & exterior remodel completed in June 2026. For the exterior: roof repair, removal of the awnings and signage, and install a new awning over the DT window, and paint the building. As for the interior, removing all finishes in the lobby and restrooms, install all new finishes in the lobby and restrooms, and install all new furniture and seating.
  • 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.
  • Nearby tenants include Hy-Vee, Harbor Freight, Applebee’s, McDonald’s, Kwik Trip, Caribou Coffee, Fast & Fresh, and more.
Description:

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.

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