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    160 Bridge Ave Albert Lea, MN 56007

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    For Lease
    $13 SF/Yr ($1,668 /Mo)

    1,540 SF retail suite in a busy strip center.

    Property size:
    1,540 SF
    Lot size:
    0.82 Acres

    Property Features for 160 Bridge Ave

    General Information

    Size
    1,540 SF
    Lot size
    0.82 Acres

    Source: Realty Growth, Inc Agent LeighAnn Peltoma

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in High-Traffic Area

    Available for lease is a 1,540 square foot inline suite situated in a well-trafficked strip center. The location benefits from the presence of strong national co-tenants, including Verizon Wireless, Papa Murphy’s, and Erbert & Gerbert’s. Adjacent outlots feature McDonald’s and Walgreens, contributing to consistent foot and vehicle traffic in the area. The suite includes large storefront windows that provide abundant natural light, durable LVP flooring, neutral interior paint, and an open ceiling. The layout is suitable for a variety of retail or service uses. On-site parking is available for customers and staff. Certain retail uses, including smoke shops or cannabis-related operations, are not permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albert Lea
    County
    Freeborn
    State
    Minnesota
    Longitude
    -93.361585
    Latitude
    43.65134

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    FAQs

    What type of property is this?
    Strip mall - 1,540 SF retail suite in a busy strip center.
    Where is this strip mall located?
    The property is located at 160 Bridge Ave Albert Lea, MN.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location with strong national co-tenants like Verizon and Papa Murphy’s.; - Located in a strip center with adjacent outlots occupied by McDonald’s and Walgreens.; - Clean, open 1,540 SF inline suite suitable for various retail or service uses.
    (507) 358-6577
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    160 Bridge Ave Albert Lea, MN 56007
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    Albert Lea, MN 56007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    160 Bridge Ave Albert Lea, MN 56007
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