www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27288365
27288366

4329 S Tamiami Trl, Venice, FL 34293

BW
CA 02146707
Matthews
Listed by Matthews
$3,231,830
20 days on market
Updated 20 days ago

Applebee's - Venice, FL

Details
Property Type Retail
Sub Type Bar, QSR/Fast Food (+1)
Square Footage 5,106
Cap Rate 5.90%
NOI $190,678
Occupancy 100%
Tenancy Single
Brand/Tenant Walmart, Applebee's (+2)
Lease Type Absolute NNN
Remaining Term 16
Rent Bumps Yes
Acreage 1.000
Investment Type Stabilized
Tenant Credit Franchisee
Ownership Fee Simple

Florida | Target Outparcel | Applebee's

Investment highlights

  • Long Term Absolute NNN Lease – There are over ±16 years remaining on the lease and there are zero landlord responsibilities or expenses, providing 100% passive income to the landlord.

  • Strategically Positioned – The property is strategically positioned off Hwy 41 (Tamiami Trl) which sees over ±28,500 vehicles per day.

  • Outparcel Location – The property is an outparcel to Venice Village Shopping Mall which consists of major national retailers such as Target, Bealls, Publix, and Staples to name a few.

  • Growing Area + Population – The population of Venice, Florida has grown by 10.5% between 2020 and 2023 and still averaging over 3% of growth annually.

  • World’s largest Restaurant Franchisee – Apple Florida LLC is part of Flynn Restaurant Group which is the world’s largest restaurant franchise. Flynn currently operates over 2,600 restaurants and generates over $4.5 billion in revenue annually.

  • National Tenant – Applebee’s Grill + Bar, a subsidiary of DineEquity, INC. is one of the largest casual dining restaurant chains in the world with over 1,660 locations.

Listing Contacts

BW
CA 02146707
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$190,678.00
$15,889.83/mo

Valuation Metrics

0
DSCR
5.9%
Cap Rate
5.9%
ROI

Map

Zoning

Intelligence Badge
CSC CommercialRetail CommercialCommercial Shopping Center
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 170 uses
View all 170 uses
Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kyle Matthews
License
BK3554632, CQ1066435(FL)
Brokerage
Matthews Real Estate Investment Services, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591