Arby's
$2,062,000
2707 Bridge Avenue, Albert Lea, MN 56007
For Sale
Retail
Restaurant
Active
Last Updated: 01/12/2026
6
Cap Rate
123,720
NOI
Details:
Cap Rate: 6%
NOI: $123,720
Lot Area: 38,775 sqft
Occupancy: 100%
Lease Type: Triple Net
Year Built: 2004
Tenancy: Single
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.
- 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.
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.
Documents:
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Arby_s_-_Albert_Lea__MN_MP.pdf
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Location
Gallery