Map of Property

Applebee's (Don Chuy's Sublease)

701 SE Melody Ln, Lees Summit, MO 64063

  • For Sale $2,269,897
  • Property Type Retail - Freestanding
  • Property Size 4,560 SF
  • Lot Size 1.22 Acre
  • Additional Rent Contact for pricing
  • Building Class C
  • Year Built 1992
  • Date Updated Oct 2, 2024
Approximately 1.22 acres of land containing a 4,560 SF building located at 701 SE Melody Lane, Lee's Summit, MO 64063.SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively present for sale, the property leased to Applebee’s with a direct sublease to Don Chuy’s Fresh Mex and Cantina. Applebee’s is continuing to pay rent on its 17-year lease which expires on June 12, 2028. All lease terms in the original lease are backed by the Applebee’s franchisee (Apple Central KC, LLC) and remain in force until lease expiration. The Landlord will continue to get rent checks from Apple Central KC, LLC. In June of 2021, Applebee’s entered into a sublease agreement with El Catrin, LLC which operates as Don Chuy’s Fresh Mex and Cantina. They have two stores with another in Knoxville, TN.

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Attachments

Highlights

  • Absolute NNN lease
  • Located across from Lee’s Summit High School (1,920 students).
  • Fee simple ownership (Land & Building).
  • Applebee’s franchisee’s continued guarantee on rent and other terms. Currently sublet to Don Chuy’s Fresh Mex and Cantina through June 11, 2028.
  • Affluent demos (3-mile Avg HHI: $110,322)

Contacts

broker

Doug Aronson

S.L. Nusbaum Realty Co.

Location

Getting Around

  • Walk Score ®

    62/100 Somewhat Walkable

  • Bike Score ®

    42/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lees Summit, MO
  • Neighborhood Vista Del Verde - Briarcroft
  • Zip Code 64063
  • Market Kansas City

Points of Interest

  • QuikTrip

    0.19 miles

  • Phillips 66

    0.53 miles

  • Shell

    0.75 miles

  • ChargePoint

    0.85 miles

  • BP

    0.90 miles

  • Shamrock

    1.40 miles

  • Hy-Vee

    1.99 miles

  • QuikTrip Pumps

    2.18 miles

  • Tesla Supercharger

    9.28 miles

  • Parking - North Prairie Lee Park

    3.09 miles

  • South Boat Dock Parking

    3.53 miles

  • Beach Parking

    3.65 miles

  • Shelter 14 Parking

    4.05 miles

  • Shelter 12 Parking

    4.12 miles

  • Shelter 11 Parking

    4.38 miles

  • Shelter 10 Parking

    4.62 miles

  • Shelter 9 Parking

    4.77 miles

  • Shelter 8 Parking

    4.91 miles

  • Shelter 7 Parking

    5.07 miles

  • Mali Thai Bistro

    0.06 miles

  • New China Buffet

    0.11 miles

  • Custards Last Stand

    0.44 miles

  • Steak 'n Shake

    0.48 miles

  • McDonald's

    0.57 miles

  • DQ Grill & Chill

    0.77 miles

  • Sonic

    0.78 miles

  • The Filling Station

    0.78 miles

  • KFC

    0.80 miles

  • Frankie Farelanes

    0.86 miles

  • ALDI

    0.38 miles

  • Big Lots

    0.70 miles

  • Hy-Vee

    0.86 miles

  • Price Chopper

    0.94 miles

  • Walmart Supercenter

    1.63 miles

  • Kohl's

    3.05 miles

  • Target

    3.06 miles

  • Independence Center

    9.59 miles

  • Ross

    9.89 miles

  • Marshalls

    9.90 miles

Frequently Asked Questions

How much does Applebee's (Don Chuy's Sublease) cost?

The space currently listed for sale at Applebee's (Don Chuy's Sublease) asks for $2,269,897.

What is the total square footage of Applebee's (Don Chuy's Sublease)?

Applebee's (Don Chuy's Sublease) totals 4,560 square feet.

When was this property built?

Applebee's (Don Chuy's Sublease) was built in 1992.

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Contact Listing Broker

broker

Doug Aronson

S.L. Nusbaum Realty Co.