2707 Bridge Ave, Albert Lea, MN 56007
RETAIL For SaleFloors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Arby's | SALE | $2,062,000.00 |
Deborah Vannelli - Upland Real Estate Group, Inc
PHONE: 6123764475
PHONE: 6124360248
Keith A Sturm - Upland Real Estate Group, Inc
PHONE: 6123764488
PHONE: 6123326600
• 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.