Listed by APEX Commercial Real Estate Advisors
$3,680,000
Applebee's - Roseville, MI
Details
Property Type Retail
Sub Type Bar, QSR/Fast Food
Square Footage 6,091
Cap Rate 6.25%
NOI $230,000
Occupancy 100%
Tenancy Single
Brand/Tenant Applebee's
Lease Type Absolute NNN
Lease Expiration 06/12/2028
Remaining Term 1.9
Rent Bumps Yes
Lease Options Four, Five Year Options
Broker Co-Op Yes
Acreage 1.460
Investment Type Net Lease
Tenant Credit Franchisee
Ownership Fee Simple
Single Tenant | Absolute Net (NNN) | 6.25% CAP
Investment highlights
The property features a spacious 6,091 square foot building, providing ample room for retail or restaurant operations
Constructed in 1995, the building boasts modern construction and design elements, perfectly suited for contemporary business needs
Zoned B-3, the property offers incredible flexibility for a variety of commercial uses in the vibrant Roseville area
Its prime location in the heart of Roseville presents an attractive prospect for retail and restaurant investors seeking a well-established, high-traffic location for their business endeavors
Listing Contacts
Listed by APEX Commercial Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$230,000.00
$19,166.67/mo
Valuation Metrics
0
DSCR
6.25%
Cap Rate
6.25%
ROI
Map
Zoning
B-3 CommercialGeneral CommercialGeneral Business
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View all 54 uses
View all 54 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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