NNN-Leased Restaurant
New
For Sale
$1,481,481
313 Lyndale Ave N, Faribault, MN 55021
Corporate-guaranteed occupancy, auxiliary parking, and established commercial-corridor access support the restaurant operation.
Property Size4,477 SF
Price / SF$330.91
Days on Market7
Property Features for 313 Lyndale Ave N
General Information
Standard status
Active
Size
4,477 SF
Property subtype
Restaurant
Lease Type
Absolute Net
Site & Location
Traffic Count
12,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
6.75%
Amenities
LOW RENT-TO-LAND BASIS / FULL ±1.00-ACRE QSR SITE – Current annual rent equates to approx. $2.30/SF of land on the main ±1.00-acre parcel, creating intrinsic real estate value and long-term upside
ATTRACTIVE PRICE POINT / VALUE-ADD REAL ESTATE BASIS – Short remaining lease term creates a higher-yielding entry point for investors while preserving long-term flexibility and future upside
LAND-RICH ±1.00 AC MAIN PARCEL – The ±4,477 SF freestanding Arby's sits on a full ±1.00 AC parcel, providing a strong land-to-building ratio, abundant site area, meaningful long-term site optionality
SEPARATE ±0.24-ACRE AUXILIARY PARKING PARCEL – Offering includes a separate parking parcel across Fourth Street NW, adding additional land area, ample parking capacity, and enhanced site utility for the overall real estate
STRONG VISIBILITY / HIGH TRAFFIC COUNTS & SITE ACCESS – Positioned near the intersection of Lyndale Ave N and Hwy 60, boasting combined traffic counts of 23,150+ VPD, with convenient access to I-35 carrying 33,500+ VPD and multiple points of ingress/egress supporting ease of customer flow.
ESTABLISHED FARIBAULT RETAIL CORRIDOR – Located within a proven commercial corridor surrounded by national retailers and traffic drivers including Walmart, Hy-Vee, Walgreens, AutoZone, O'Reilly Auto Parts, Kwik Trip, KFC, Taco Bell, Burger King, Culver's, Dairy Queen, A&W, Jersey Mike's, Hardee's, Casey's, Caribou Coffee, Jimmy John's, PetSmart, Dollar Tree, and Goodwill.
CORPORATE-GUARANTEED ARBY'S / CURRENT IN-PLACE CASH FLOW – Lease is guaranteed by Arby's Restaurant Group, Inc., providing investors with corporate-backed Arby's lease credit and current income while evaluating long-term real estate optionality.
HANDS-OFF NNN INVESTMENT OPPORTUNITY – Triple net lease structure with zero landlord responsibilities, providing passive cash flow and simplified ownership during the remaining lease term.
Building Details
Building Size
4,477 SF
Year Built
1993
Buildings
1
Stories
1
Listing Agency:
(818) 212-2789
Listed By:
Michael Fideler · License #License(s): CA: 02206757
(818) 212-2789
Source:
Marcusmillichap
Added: Aug 13
Changed: Aug 14
Last Checked: Aug 19 at 4:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Fideler
Investment Insights
Based on property information with market context.
This offering includes a corporate-guaranteed, NNN-leased Arby’s at 313 Lyndale Ave N, along with a separate auxiliary parking parcel across Fourth Street NW at 1407 4th St NW. The primary site covers approximately 1.00 AC and contains a freestanding, single-story 4,477 SF restaurant constructed in 1993. The additional approximately 0.24 AC parcel provides overflow parking for the operation. The reported cap rate is 6.75%.
The property fronts Lyndale Ave N, a major Faribault commercial corridor with visibility to more than 12,300 VPD. Access is available to Hwy 60, carrying more than 10,850 VPD, and I-35, carrying more than 33,500 VPD. Nearby national and regional retail and restaurant operators include Walmart, Hy-Vee, Walgreens, AutoZone, KFC, Taco Bell, Burger King, Culver’s, Dairy Queen, PetSmart, Dollar Tree, and Goodwill.
The property fronts Lyndale Ave N, a major Faribault commercial corridor with visibility to more than 12,300 VPD. Access is available to Hwy 60, carrying more than 10,850 VPD, and I-35, carrying more than 33,500 VPD. Nearby national and regional retail and restaurant operators include Walmart, Hy-Vee, Walgreens, AutoZone, KFC, Taco Bell, Burger King, Culver’s, Dairy Queen, PetSmart, Dollar Tree, and Goodwill.
Key Highlights
- Corporate‑guaranteed, NNN‑leased Arby’s at 313 Lyndale Ave N
- Freestanding single‑story restaurant totaling ±4,477 SF, built in 1993
- Primary restaurant parcel spans approximately ±1.00 AC
Property Analytics
Property Profile
Current Use
Lease Details
12,300 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
165k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Groceries 31%
Dining 30%
Beauty & Spa 2%
Kwik Trip
Shops & Services
37,292 visits/mo
0.1 miles
Hy-Vee
Groceries
35,506 visits/mo
0.5 miles
Aldi
Groceries
15,595 visits/mo
0.3 miles
Taco Bell
Dining
11,754 visits/mo
0.2 miles
Holiday Station Store
Shops & Services
10,781 visits/mo
0.4 miles
Demographics for 55021, MN
30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed occupancy, auxiliary parking, and established commercial-corridor access support the restaurant operation.
Where is this nnn property located?
The property is located at 313 Lyndale Ave N Faribault, MN.
What is the asking price?
The asking price for this property is $1,481,481.
What are key features of this property?
This property features: Corporate‑guaranteed, NNN‑leased Arby’s at 313 Lyndale Ave N; Freestanding single‑story restaurant totaling ±4,477 SF, built in 1993; Primary restaurant parcel spans approximately ±1.00 AC
