2707 Bridge Ave, Albert Lea, MN 56007
RETAIL For SaleFloors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Arby's | SALE | $1,979,520.00 |
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. • Interior & exterior remodel to begin June 1st, 2026 and completed by June 19th, 2026. For the exterior, 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. • 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.