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Virtual Drive-By

Arby's NNN

2707 Bridge Ave · Albert Lea, MN 56007 · QSR / Restaurant

Asking price
$1,979,520
Cap rate
6.25%
NOI
$123,720

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Lease

Lease typeNNN
Term remaining9.0 yrs
Expiration01/2035
Rent bumps10% Every 5 Years
OptionsFour 5-Year w/ 10% Inc.
Ground leaseNo
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,500
Price / SF$566
Year built2004
Lot size
TypeRestaurant, QSR/Fast Food
Days on market60

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment 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 20,035 and 1-mile average household income of $93,130.
  • ​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 overview

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.​

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.