Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for an Applebee’s located at 389 John Scott Hwy in Steubenville, Ohio. The site consists of roughly 4,544 rentable square feet of building space on estimated 1.47-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 179,951 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 (4), five (5)-year renewal options. *Certain principals of the selling entity, including but not limited to Glen Kunofsky and Nicoletti DePaul, are Exclusive Listing Agents and part fee-simple owners of the property. See back page for full disclosure.