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400 Old Franklin Turnpike 4 008 pi² Commerce de détail Immeuble Rocky Mount, VA 24151 4 319 825 $ CAD (1 077,80 $ CAD/pi²) 7% Taux de capitalisation

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Faits saillants de l'investissement

Absolute NNN Lease with No Landlord Responsibilities
Less than 1/2 mile off Hwy 220 (27,000 VPD), a major thoroughfare from Roanoke to Martinsville
Strategically Positioned at a Primary Crossroads, Located at the Center of Franklin County, Virginia

Only Applebee’s Restaurant Within 25-Mile Radius
Over 9,300 Visits on Average per Month, per Placer.ai
Among the World’s Largest Casual Dining Brands; 1,600+ Locations

Résumé de l'annonce

This Absolute NNN Applebee’s asset is an outparcel to Kroger anchored shopping center, Rocky Mount Marketplace, which has over 2MM visits per year, per Placer.ai. The property is less than 1/2 mile off Hwy 220 (27,000 VPD), a major thoroughfare from Roanoke to Martinsville. Applebee’s sits on a 1.32 acre lot with ample parking and is strategically placed in a main retail corridor near several national retailers including CVS, Kroger, Walmart, Holiday Inn, Starbucks, and more. The site is less than 1 mile from Rocky Mount Plaza, a 127,683 SF shopping center with numerous national retailers and is nearby multiple hotels with 130 rooms combined within a 3 mile radius. The property has excellent visibility and frontage on Old Franklin Turnpike with over 17,000 VPD.
This location has over 9,300 visits on average per month, per Placer.ai and is the only Applebee’s Restaurant within a 25-mile radius. It’s 40+ year brand operating history places it among the world’s largest casual dining brands with 1,600+ locations. Original 24-year lease in place with ±8 years remaining and four 5-year options.
Watch Property Video: https://vimeo.com/944718739?share=copy

OM_Applebee's (Rocky Mount, VA)-compressed (1)

Faits sur la propriété

Type de vente

Investissement pour loyer hypernet

Type de propriété

Commerce de détail

Sous-type de propriété

Restaurant

Taille du bâtiment

4 008 pi²

Classe d’immeuble

Année de construction

2003

Prix

4 319 825 $ CAD

Prix par pi²

1 077,80 $ CAD

Taux de capitalisation

Revenu net d’exploitation

302 384 $ CAD

Location

Unique

Hauteur du bâtiment

1 étage

Coefficient d’occupation des sols de l’immeuble

0,07

Taille du lot

1,32 AC

Zonage

GB - Affaires générales

Stationnement

60 places (14,97 places par 1 000 pi² loué)

Façade

190’ sur Old Franklin Tpke

Enseigne sur pylône

Hébergement et services alimentaires
99,999 SF
-
Lorem Ipsum
Jan 0000

Applebee's began in 1980 as a neighborhood-style restaurant concept in Decatur, Georgia, and later evolved into Applebee's Neighborhood Grill + Bar. The company develops, franchises, and operates casual dining restaurants centered on American grill-and-bar fare, including burgers, chicken, salads, pasta, ribs, and drinks. Applebee's maintains a broad presence across North America, Latin America, and the Middle East, with a large global restaurant network and ongoing franchise growth and refranchising activity.