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Restaurant

Applebee's

100 Max Wagner Dr, Glasgow, KY 42141

Listing Price: $1,066,667

Cap Rate
7.50%
Tenant Name
Apple GLS, LLC
Years Remaining On Lease
4.3
Guarantor
Franchisee Guarantee
Rentable SF
5,689
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.06

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for an Applebee’s located at 100 Max Wagner Drive in Glasgow, Kansas. The site consists of roughly 6,002 rentable square feet of building space on estimated 1.52-acre parcel of land. This Applebee’s is subject to a triple net (NNN) lease, which has approximately 4.5 years of term remaining. The current annual rent is $80,000. Upon expiration of the base term of the lease, there are four five -year option periods.

Investment Highlights

  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Approximately 4.5 Years of Lease Term Remaining
  • Incredibly Low Rent! | This Site Features Below Market Rent

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KY: 242197

    Kentucky

Restaurant

Applebee's

Listing Price: $1,066,667

Cap Rate
7.50%
Tenant Name
Apple GLS, LLC
Years Remaining On Lease
4.3
Guarantor
Franchisee Guarantee
Rentable SF
5,689
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.06

Investment Highlights

  • Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Approximately 4.5 Years of Lease Term Remaining
  • Incredibly Low Rent! | This Site Features Below Market Rent

Investment Overview

Marcus & Millichap is pleased to present the exclusive net lease offering for an Applebee’s located at 100 Max Wagner Drive in Glasgow, Kansas. The site consists of roughly 6,002 rentable square feet of building space on estimated 1.52-acre parcel of land. This Applebee’s is subject to a triple net (NNN) lease, which has approximately 4.5 years of term remaining. The current annual rent is $80,000. Upon expiration of the base term of the lease, there are four five -year option periods.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KY: 242197

    Kentucky

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