2707 BRIDGE AVE

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2707 BRIDGE AVE

ALBERT LEA, MN 56007
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

Arby's | Albert Lea, MN | 6.25% Cap <p>• Arby’s is on a NNN lease with approximately 9 years remaining on the lease and 10% increases every 5 years.</p><p>• 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.</p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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