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Restaurant

Applebee's / Dunkin Donuts

2865 S 108th St, West Allis, WI 53227

Listing Price: $4,074,545

Cap Rate
5.50%
Tenant Name
Applebee's
Years Remaining On Lease
18.9
Guarantor
Franchisee Guarantee
Rentable SF
8,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.01

Investment Overview

Successful Applebee's franchisee operating over 40+ Units and 25 Year NNN Lease • Franchisee is exclusive operator to Kentucky, Wisconsin, and Oklahoma securing 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 of same store sales of more than 6.2% • 17+ Year Operating History | Tenant has operated at 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 Highlights

  • LONG OPERATING HISTORY | STRONG FRANCHISEE GUARANTEE 40+ UNIT | 25 YR NNN
  • 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.
  • Rare Long Term Lease | Lease Features a rare within the industry a 25 year long term lease that allows landlord to hedge against inflation
  • Subject property is outparcel to anchor tenant The Home Depot
  • Subject property is neighboring national tenants such as, Home Depot, Target, At&t, Dollar Tree, Pick N Save, Marshalls, Home Goods, Sport Clips, T-Mobile, Auto Zone, Ace Hardware, Kohls, Office Max, and many more
  • Out parcel to Home Depot and Neighboring Target

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Financing By

Restaurant

Applebee's / Dunkin Donuts

Listing Price: $4,074,545

Cap Rate
5.50%
Tenant Name
Applebee's
Years Remaining On Lease
18.9
Guarantor
Franchisee Guarantee
Rentable SF
8,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.01

Investment Highlights

  • LONG OPERATING HISTORY | STRONG FRANCHISEE GUARANTEE 40+ UNIT | 25 YR NNN
  • 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.
  • Rare Long Term Lease | Lease Features a rare within the industry a 25 year long term lease that allows landlord to hedge against inflation
  • Subject property is outparcel to anchor tenant The Home Depot
  • Subject property is neighboring national tenants such as, Home Depot, Target, At&t, Dollar Tree, Pick N Save, Marshalls, Home Goods, Sport Clips, T-Mobile, Auto Zone, Ace Hardware, Kohls, Office Max, and many more
  • Out parcel to Home Depot and Neighboring Target

Investment Overview

Successful Applebee's franchisee operating over 40+ Units and 25 Year NNN Lease • Franchisee is exclusive operator to Kentucky, Wisconsin, and Oklahoma securing 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 of same store sales of more than 6.2% • 17+ Year Operating History | Tenant has operated at 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

Financing By

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