Restaurant
Applebee's
3209 10th St, Great Bend, KS 67530
Listing Price: $2,154,568
Investment Overview
Marcus & Millichap is pleased to present the exclusive net lease offering for an Applebee’s located at 3209 E 10th Street in Great Bend, Kansas. The site consists of roughly 4,690 rentable square feet of building space on estimated 0.92-acre parcel of land. This Applebee’s is subject to an absolute NNN lease, which has approximately 16.5 years of term remaining. The current annual rent is $123,888 and is scheduled to increase by one and a half percent (1.5%) annually starting in year 7 and continuing into each of the four, five-year renewal options.
Exclusively Listed By
Broker of Record
Listing Price: $2,154,568
Investment Highlights
- Absolute Triple Net Lease with Zero Landlord Responsibilities
- Approximately 16.5 Years of Lease Term Remaining
- Attractive Rental Increases | 1.50% Annually Starting Year 7
Investment Overview
Marcus & Millichap is pleased to present the exclusive net lease offering for an Applebee’s located at 3209 E 10th Street in Great Bend, Kansas. The site consists of roughly 4,690 rentable square feet of building space on estimated 0.92-acre parcel of land. This Applebee’s is subject to an absolute NNN lease, which has approximately 16.5 years of term remaining. The current annual rent is $123,888 and is scheduled to increase by one and a half percent (1.5%) annually starting in year 7 and continuing into each of the four, five-year renewal options.
Exclusively Listed By
Broker of Record
