Net Lease Applebees Property Profile and Cap Rates Date August 18, 2020
Net Lease Applebees – Typical Property and Lease Terms
| Price Range: | $2mm - $4mm |
| Cap Rate: | 6.80% |
| Net Income: | $187,500 |
| Price Per foot: | $600 PSF |
| Building Size: | 5000 SF |
| Lot Size: | 1 Acre |
| Escalations: | 7.5% every 5 years |
| Lease Term: | 20 Years |
| Lease Type: | NNN |
| Credit Rating: | Franchisee |
Tenant Company Information:
Applebee’s is an American company which develops, franchises, and operates the Applebee’s Neighborhood Grill + Bar restaurant chain. The Applebee’s concept focuses on casual dining, with mainstream American dishes such as salads, chicken, pasta, burgers, and “riblets”
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