Log In/Sign Up
Your email has been sent.
721 E Lewis and Clark Parkway Pky
Clarksville, IN 47129
Applebee's Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Lease Takeover with Immediate Extension
- High-Performing Unit with Strong Sales
- Publicly Traded Tenant with National Footprint
EXECUTIVE SUMMARY
Landmark Investment Sales is pleased to present the Applebee’s Ground Lease at Green Tree Mall in Clarksville, IN. Applebee’s has been operating at this location since 2011 and recently extended their lease through 2031. It is strategically positioned at Green Tree Mall with frontage along Lewis and Clark Parkway, allowing for excellent visibility and access. Green Tree Mall is located just off I-65 (100,799 CPD). It is southern Indiana’s only enclosed mall, with over 795,000 square feet and 80 tenants, including anchors Dillard’s, JC Penney and Furniture Fair.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,400 SF
Year Built
1992
Price
$3,155,700 CAD
Price Per SF
$717.20 CAD
Cap Rate
6.50%
NOI
$205,121 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.32 AC
PROPERTY TAXES
| Parcel Number | 10-14-03-200-607.000-011 | Improvements Assessment | $834,157 CAD |
| Land Assessment | $547,535 CAD | Total Assessment | $1,381,692 CAD |
PROPERTY TAXES
Parcel Number
10-14-03-200-607.000-011
Land Assessment
$547,535 CAD
Improvements Assessment
$834,157 CAD
Total Assessment
$1,381,692 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
