Last updated on April 22nd, 2024
Arby's (DRM, Inc.)
$1,717,455
1663 N. Humiston Avenue, Worthington, Minnesota 56187
Building Size | 3,130 Square Feet |
Land Size | 30,056 Square Feet |
Zoning | - |
Year Built | 1986 |
- Excellent 6% Rent to Sales.
- Arby’s is on a 20 Year, NNN Lease with 5% Rent Increases every 5 years.
- This location will have Full Inspire Remodel in Spring 2024 with tenant investing approximately $500,000.
- The tenant on the lease, DRM, Inc., is one of the largest Arby’s franchisees and operates 121 Arby’s in 7 Midwest states. DRM has been in business for 46 years, is a great credit tenant that keeps up on their facilities and has never missed a payment.
- Located in an excellent retail location near Walmart, Hy-Vee, Kwik Trip, Caribou Coffee, McDonalds, Dairy Queen, KFC, Jimmy Johns, Taco Johns, Fareway, Slumberland Furniture, Tractor Supply, Walgreens, Hy-Vee, and much more.
- This property is located along Humiston Avenue where traffic counts average 8,600 vehicles per day and near Interstate 90 where traffic counts average 9,400 vehicles per day.
- Population of 14,512 and average household income of $76,190 within a 5-mile radius.
- Worthington is home to Lake Okabena, a 776 acre lake located in the center of Worthington. Lake Okabena offers 10 different lakeside parks for visitors to enjoy, along with a variety of amenities such as volleyball courts, boat launches, kayak & paddleboard rentals, and much more.
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.