Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for an Applebee’s located at 4610 Gallia St in New Boston, Ohio. The site consists of roughly 5,378 rentable square feet of building space on estimated 1.25-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 $161,303 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. *Glen Kunofsky and other members of the selling entity, Exclusive Listing Agents, are part fee owners of this property. They are licensed real estate salespeople for Marcus and Millichap in the State of New York.