Applebee's Ground Lease
Retail | 6.50% CAP | 4,400 SqFt
Marketing description
Landmark Investment Sales is pleased to present the Applebee’s Ground Lease at Green Tree Mall in Clarksville, IN. Applebee’s has been operating at this location since 2011 and recently extended their lease through 2031. It is strategically positioned at Green Tree Mall with frontage along Lewis and Clark Parkway, allowing for excellent visibility and access. Green Tree Mall is located just off I-65 (100,799 CPD). It is southern Indiana’s only enclosed mall, with over 795,000 square feet and 80 tenants, including anchors Dillard’s, JC Penney and Furniture Fair.
Investment highlights
Corporate Lease Takeover with Immediate Extension
Publicly Traded Tenant with National Footprint
High-Performing Unit with Strong Sales
Passive Ground Lease with Structured Increases
Exceptional Visibility in Prime Retail Corridor
Strong Demographics & Regional Draw
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