Investment Highlights
- Applebee’s Master Leased NNN New Construction
- Relocation Of Already Successful Applebee's Operations To Superior Site With Superior Access And Visibility
- Absolute Triple-Net Lease - 15 Year Term (No Management Responsibilities)
- Shadow Anchored By Redeveloped Mall (Tenants Include Boston Store, Jo-Ann Fabrics, Dunham's Sports and Staples)
- 10% Rent Increases Every Five Years (Throughout Initial Term & Options)
- Franchisee Leases And Manages Entire Property; Operates Its Applebee’s And Pizza Hut Concepts