1305 NW 18th Ave
Austin, MN 55912

This Arby's asset features a corporately guaranteed NNN lease with no landlord responsibilities. In addition, 1% rent increases annually including through the option periods provide a hedge against inflation. Inspire Brands, the parent company of Arby’s, is a multi-brand restaurant company whose portfolio includes more than 8,400 Arby’s, Buffalo Wild Wings, SONIC Drive-In, and Rusty Taco locations worldwide. This Arby's asset is located the main retail corridor in Austin, MN. Other strong retailers in the immediate area include Sherwin Williams, Applebee's, Culver's, Perkin's, Jimmy Johns, Pizza Hut, Pizza Ranch, Walmart, Aldi, Dollar Tree, Caribou Coffee, AmericInn, Holiday Inn, Days Inn, AutoZone, O’Reilly Automotive, Sally Beauty, Joan Fabrics, Running's Farm & Fleet, Sally Beauty, Five Below, Marshalls, AT&T, Edward Jones, Great Clips, HyVee, CineMagic Theatres, Anytime Fitness and Hobby Lobby. Austin is a city in, and the county seat of, Mower County, Minnesota. The population was 24,718 at the2010 census. The town was originally settled along the Cedar River and was named for Austin R. Nichols, the area's first European settler. Hormel Foods Corporation is Austin's largest employer, and the town is sometimes called "SPAM Town USA".  Austin is home to Hormel's corporate headquarters, a factory that makes most of North America's SPAM tinned meat, and the Spam Museum. Austin is also home to the Hormel Institute, a leading cancer research institution operated by the University of Minnesota with significant support from the Mayo Clinic. In 2015 Austin was named one of the "Top 10 Affordable Small Towns Where You'd Actually Want to Live" and one of the "Best Small Cities in America". The location of this Arby's situated in a major retail corridor, on a hard, signalized entrance to HyVee, with a Corporately guaranteed lease and scheduled annual rent increases make this an attractive investment for the buyer looking for passive income.