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Restaurant

Applebee's @ Surprise Towne Center

13756 W Bell Rd, Surprise, AZ 85374

Listing Price: $3,616,000

Cap Rate
6.75%
Tenant Name
Applebee's
Years Remaining On Lease
7.6
Gross SF
5,103
Guarantor
Franchisee Guarantee
Rentable SF
5,103
Price/Gross SF
$708.60
Lease Type
Absolute Net
Rent Per Square Feet
$47.84

Investment Overview

As one of the world’s largest casual dining brands, Applebee’s is a go-to dining destination in neighborhoods throughout the United States and abroad. Their guests know they can always count on Applebee's for a delicious and affordable meal, refreshing and fun drinks, and a come-as-you-are welcoming environment.

RMH Holdings Inc operates 132 units in 14 states. The company provides world-class management services to some of America’s most popular restaurants.

Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Annual Rental Increases
  • Located in Surprise Towne Center & Marketplace, a Major Retail Center Surrounded by National Tenants Including Walmart Supercenter, Target, The Home Depot, Michaels, Pet Smart, Kohl's, and More
  • Applebee's Operates 1,600 Plus Locations Worldwide
  • Easily Accessible by US Route 60 (67,800 Vehicles per Day), W Bell Road (48,020 Vehicles per Day), and Litchfield Rd (22,030 Vehicles per Day)
  • 225,970 Residents within a Five-Mile Radius in Growing Phoenix MSA Trade Area
  • Average Household Income Exceeds $90,000 Within the Surrounding Area
  • Daytime Population Exceeds 182,900 within a Five-Mile Radius of the Subject Property

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Restaurant

Applebee's @ Surprise Towne Center

Listing Price: $3,616,000

Cap Rate
6.75%
Tenant Name
Applebee's
Years Remaining On Lease
7.6
Gross SF
5,103
Guarantor
Franchisee Guarantee
Rentable SF
5,103
Price/Gross SF
$708.60
Lease Type
Absolute Net
Rent Per Square Feet
$47.84

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Annual Rental Increases
  • Located in Surprise Towne Center & Marketplace, a Major Retail Center Surrounded by National Tenants Including Walmart Supercenter, Target, The Home Depot, Michaels, Pet Smart, Kohl's, and More
  • Applebee's Operates 1,600 Plus Locations Worldwide
  • Easily Accessible by US Route 60 (67,800 Vehicles per Day), W Bell Road (48,020 Vehicles per Day), and Litchfield Rd (22,030 Vehicles per Day)
  • 225,970 Residents within a Five-Mile Radius in Growing Phoenix MSA Trade Area
  • Average Household Income Exceeds $90,000 Within the Surrounding Area
  • Daytime Population Exceeds 182,900 within a Five-Mile Radius of the Subject Property

Investment Overview

As one of the world’s largest casual dining brands, Applebee’s is a go-to dining destination in neighborhoods throughout the United States and abroad. Their guests know they can always count on Applebee's for a delicious and affordable meal, refreshing and fun drinks, and a come-as-you-are welcoming environment. RMH Holdings Inc operates 132 units in 14 states. The company provides world-class management services to some of America’s most popular restaurants. Surprise, Arizona is located just 28 miles northwest of downtown Phoenix. The City of Surprise sits at the foot of the White Tank Mountains and is currently home to over 100,000 residents.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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