Arby's - Net Lease Property for Sale
Albert Lea, MN
Key Investment Metrics
Price
$1,979,520
Cap Rate
6.3%
Net Operating Income
$123,720
Building Size
3500 SF
Lot Size
3,500 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
About This Arby's Net Lease Property
This Arby's NNN (triple net lease) property is located in Albert Lea, MN and represents an excellent investment opportunity for commercial real estate investors. The property features 3500 square feet of building space and was built in 2004.
With a cap rate of 6.3%, this Arby's net lease property offers stable income potential. The asking price is $1,979,520, making it an attractive option for 1031 exchange investors seeking quality Arby's commercial properties.
Why Invest in Arby's NNN Properties?
- Stable Income: Arby's net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Arby's is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Albert Lea, MN Market Overview
Located in Albert Lea, MN, this Arby's property benefits from strong local demographics and market fundamentals. The Albert Lea area offers excellent visibility and accessibility, making it an ideal location for Arby's operations and a solid investment for net lease property buyers.