Arby's for Sale in Albert Lea, MN
Albert Lea, MN
Key Investment Metrics
Price
$1,979,520
Cap Rate
6.3%
Net Operating Income
$123,720
Building Size
3500 SF
Remaining Term
9 years
Lease Expiration
01/30/2035
Lease Term
9 years
Lease Commencement
05/01/2025
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
2004
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
AI illustration · Not the listed propertyProperty overview
Arby's in Albert Lea
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 3,500 SF
- Year built
- 2004
- Lease type
- NNN
- Lease expiration
- 01/30/2035
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.