T.R. Tanner Realty
Listed by T.R. Tanner Realty
$2,225,000
Applebee's Huntington Indiana
Details
APN 350509200780.010005
Property Type Retail
Sub Type Restaurant
Square Footage 4,745
Cap Rate 8.72%
NOI $194,100
Tenancy Single
Brand/Tenant Applebee's
Lease Type NNN
Lease Term 25
Lease Expiration 09/30/2029
Lease Options 5 year option
Price per SqFt $469
Year Built 2000
Stories 1
Lot Size (SqFt) 78,844
Lease Commencement 09/24/2004
Retail | 8.72% CAP | 4,745 SqFt
Marketing description
Tenant: Applebee’s Neighborhood Bar and Grill
A prominent American Dining chain founded in 1980 known for its welcoming “neighborhood” Atmosphere and extensive menu of American comfort food, Applebee’s has over 1500 locations globally.
Listing Contacts
T.R. Tanner Realty
Listed by T.R. Tanner Realty
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$194,100.00
$16,175.00/mo
Valuation Metrics
0
DSCR
8.72%
Cap Rate
8.72%
ROI
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