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2707 Bridge Ave
Albert Lea, MN 56007
Asking Price
$1.98M
Cap Rate
6.25%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
Arby's | Albert Lea, MN | Full Remodel <ul><li>Arby's is on a NNN lease with approximately 9 years remaining on the lease and 10% increases every 5 years.</li><li>Interior & exterior remodel completed in June 2026. For the exterior: roof repair, 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</li><li>The lease i
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NOI
$80,000
Cap Rate
4.04%
DSCR
0.68
Underwater
Cash-on-Cash
-6.32%
Monthly Payment
$9,793.585
Annual Cash Flow
$-37,523.019
