Listing Summary
This Applebee’s investment offers 9 years of remaining lease term with 10% rent increases every five years, including a bump in 2028, providing steady, low-risk cash flow.
Full Description
This Applebee’s investment offers 9 years of remaining lease term with 10% rent increases every five years, including a bump in 2028, providing steady, low-risk cash flow. With over 20 years at this location and a recent 10-year lease extension, Applebee’s demonstrates strong commitment to this high-traffic site near The Mall at Sierra Vista. Operated by RMH Franchise, the second-largest Applebee’s franchisee, this absolute NNN lease guarantees a hands-off investment. Located at a busy intersection with 34,000+ daily vehicles, this 5,100 SF building benefits from excellent visibility in Sierra Vista, an affluent, growing market in Southern Arizona.
Quick Glance
- Listing ID:
CL-Arizona-12701
- Status:
Active
- Year Build:
2003
- Building Size:
5,100 SqFt
- Lot Size:
5,100.00 Acre