- For Sale $1,797,000
- Property Type Retail - Freestanding
- Property Size 4,738 SF
- Lot Size 1.03 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2002
- Date Updated Jul 23, 2024
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Reach out to the broker for more info on lease terms and amenities
Highlights
- New 10 Year Lease Extension Commenced Dec 2023 - 8% Increase in Year 6
- Absolute Net Lease - Zero Management Responsibilities Required
- 2023 Sales - $1,869,000 | 6.1% Rent-to-Sales Ratio
- Tenant Recently Replacing The Parking Lot/Updating The Landscaping
- Two (2), Five-Year Option Periods Featuring 10%Rental Increases
- Apple American Group: Strong Lease Guarantor From The Largest Applebee's Franchisee With Over 440 Locations
- Outparcel To A Walmart Supercenter | Additional National Tenants In The Immediate Area Include: Lowe’s, Rural King, McDonald's, Taco Bell, Anytime Fitness Amongst Others
- 20,000 People Within 5 Miles of Subject Property
- 5 Mile Average Household Income Exceeds $62,000
False
Contacts
Location
Getting Around
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Walk Score ®
46/100 Car-Dependent
-
Bike Score ®
40/100 Somewhat Bikeable
- City Frankfort, IN
- Neighborhood Frankfort
- Zip Code 46041
- Market Lafayette
Points of Interest
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Marathon
0.38 miles
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Shell
0.43 miles
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Marathon
1.83 miles
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Marathon
5.52 miles
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Bob's Mart
5.82 miles
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Valero
8.93 miles
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BP
9.12 miles
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Taco Bell
0.09 miles
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KFC
0.70 miles
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McDonald's
0.73 miles
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Wendy's
0.79 miles
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Pizza Hut
0.83 miles
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Pepe's
1.67 miles
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Aldi
0.09 miles
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Walmart Supercenter
0.14 miles
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Ruler Foods
0.89 miles
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IGA
2.09 miles
Frequently Asked Questions
How much does Applebee's cost?
The space currently listed for sale at Applebee's asks for $1,797,000.
What is the total square footage of Applebee's?
Applebee's totals 4,738 square feet.
When was this property built?
Applebee's was built in 2002.
Looking for more in-depth information on this property?
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Contact Listing Broker
![broker]( https://cdn.commercialcafe.com/images/FEF128CB-FC56-45E9-B08B-123285091F80/19304.jpeg?width=96)
Matt Weber
Encore Real Estate Investment Services