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Restaurant

Applebee's

4311 8th St S, Wisconsin Rapids, WI 54494

Listing Price: $1,942,857

Cap Rate
5.25%
Tenant Name
Applebee's
Guarantor
Franchisee Guarantee
Rentable SF
5,754
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.73

Investment Overview

25 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE | LONG TERM LEASE | FEE SIMPLE OWNERSHIP Rare Long Term Lease | Lease Features a rare within the industry a 25 year long term lease that allows landlord to hedge against inflation No Landlord Responsibilities in lease Ideal Management free income - investment for passive investor Tenant Responsibilities | Tenant Pays for Property Tax, Roof, Structure, and Parking The lease features an attractive increase rental structure of 1.5% increases every year and during the options The lease is guaranteed by successful franchisee within Applebee’s system that operates 40+ Units Local Market Demographics Meets customer demand for Applebee’s Local Market Wisconsin customer are ideal to Applebee’s business which is another demonstration of the brand’s success within the local market of Wisconsin STRONG LOCATION - OUTPARCEL TO WALMART & LARGE LOT SIGNALIZED HARD CORNER WITH STRONG TRAFFIC COUNTS OF 20,000 VPD

Investment Highlights

  • Successful operator as an Applebee's franchisee that operates 40+ Units
  • Franchisee is exclusive operator to Kentucky, Wisconsin, and Oklahoma which secure competitive advantage in local market to maintain store sales
  • Applebee's is part of Dine Brands (NYSE: DIN) which the Applebee's system has seen an increase same store sales of more than 6.2%
  • 17+ Year Operating History | Tenant has operated as the subject property for more than 17 years (Since 2005) which demonstrates to the brands commitment to the local market.
  • Long Standing Brand | Applebee's brand has an operating history of more than 40+ years which demonstrates the brand's ability through different economic cycles

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Listing Price: $1,942,857

Cap Rate
5.25%
Tenant Name
Applebee's
Guarantor
Franchisee Guarantee
Rentable SF
5,754
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.73

Investment Highlights

  • Successful operator as an Applebee's franchisee that operates 40+ Units
  • Franchisee is exclusive operator to Kentucky, Wisconsin, and Oklahoma which secure competitive advantage in local market to maintain store sales
  • Applebee's is part of Dine Brands (NYSE: DIN) which the Applebee's system has seen an increase same store sales of more than 6.2%
  • 17+ Year Operating History | Tenant has operated as the subject property for more than 17 years (Since 2005) which demonstrates to the brands commitment to the local market.
  • Long Standing Brand | Applebee's brand has an operating history of more than 40+ years which demonstrates the brand's ability through different economic cycles

Investment Overview

25 YEAR ABSOLUTE TRIPLE NET (NNN) LEASE | LONG TERM LEASE | FEE SIMPLE OWNERSHIP Rare Long Term Lease | Lease Features a rare within the industry a 25 year long term lease that allows landlord to hedge against inflation No Landlord Responsibilities in lease Ideal Management free income - investment for passive investor Tenant Responsibilities | Tenant Pays for Property Tax, Roof, Structure, and Parking The lease features an attractive increase rental structure of 1.5% increases every year and during the options The lease is guaranteed by successful franchisee within Applebee’s system that operates 40+ Units Local Market Demographics Meets customer demand for Applebee’s Local Market Wisconsin customer are ideal to Applebee’s business which is another demonstration of the brand’s success within the local market of Wisconsin STRONG LOCATION - OUTPARCEL TO WALMART & LARGE LOT SIGNALIZED HARD CORNER WITH STRONG TRAFFIC COUNTS OF 20,000 VPD

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

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