Se Connecter/S’inscrire
Votre courriel a été envoyé.
Applebee's 7345 E Washington St 5 230 pi² Commerce de détail Immeuble Indianapolis, IN 46219 5 603 273 $ CAD (1 071,37 $ CAD/pi²) 6,75% Taux de capitalisation
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- Strong Store Sales - Top Ranked Store in the Country - Ranked in Top 17% in the State and Top 25% in the Nation – Placer
- Flynn Group – World’s Largest Franchisee Operator - 3rd Largest Restaurant Operator in the United States
- High-Traffic Commercial Thoroughfare - 0.4 Miles from I-465 (Over 133,100 VPD)
- Lease Guaranteed by Apple American Group LLC ( Flynn Group)- Largest Applebee’s Franchisee in Applebee’s System
- Absolute NNN Lease - Zero Landlord Responsibilities - Tenant Exercised Option Early – 5.9 Years of Lease Term
- 10 Miles from Downtown Indianapolis - MSA Pop Over 2.1 Million - Demographics – Over 210,600 Residents within a 5-Mile Radius
RÉSUMÉ DE L'ANNONCE
The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single-tenant, absolute NNN-leased Applebee’s in Indianapolis, IN, operated by Flynn Group and guaranteed by Apple American Group LLC. Apple American, the largest Applebee’s franchisee in the system, operates over 460 Applebee’s locations across 25 states and employs over 26,500 team members. Apple American Group is a subsidiary of Flynn Group, the third-largest restaurant operator in the United States, with over $5 billion in sales. Flynn Group operates Applebee’s, Arby’s, Taco Bell, Panera, Pizza Hut, Wendy’s, Planet Fitness, and 7 Brew with over 2,900 store units in 44 states and 3 countries.
The tenant recently exercised an option early to extend the lease term to approximately 5.9 lease years. There are 7.5% rent increases every 5 years, with the next rent increase scheduled for October 2026. The store is ranked in the top 25% in the nation and top 17% in the state, with consistent sales growth over the last 5 years. The 5,230 SF casual dining restaurant is situated on a 1.34-acre parcel along E Washington Street (24,800 VPD) and is within half a mile from Interstate 465, which sees over 133,100 VPD. Nearby retailers include Kroger, ALDI, Chase Bank, Dollar General, Jiffy Lube, Firestone, Texas Roadhouse, Olive Garden, Taco Bell, Arby’s, and Steak ‘n Shake.
The trade area is densely populated with over 210,600 residents within a 5-mile radius and an average household income of over $78,800 within a 1-mile radius.
The tenant recently exercised an option early to extend the lease term to approximately 5.9 lease years. There are 7.5% rent increases every 5 years, with the next rent increase scheduled for October 2026. The store is ranked in the top 25% in the nation and top 17% in the state, with consistent sales growth over the last 5 years. The 5,230 SF casual dining restaurant is situated on a 1.34-acre parcel along E Washington Street (24,800 VPD) and is within half a mile from Interstate 465, which sees over 133,100 VPD. Nearby retailers include Kroger, ALDI, Chase Bank, Dollar General, Jiffy Lube, Firestone, Texas Roadhouse, Olive Garden, Taco Bell, Arby’s, and Steak ‘n Shake.
The trade area is densely populated with over 210,600 residents within a 5-mile radius and an average household income of over $78,800 within a 1-mile radius.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
5 230 pi²
Classe d’immeuble
C
Année de construction
1996
Prix
5 603 273 $ CAD
Prix par pi²
1 071,37 $ CAD
Taux de capitalisation
6,75%
Revenu net d’exploitation
378 295 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
0,09
Taille du lot
1,34 AC
Zone de développement économique
Oui
Zonage
ZO01
Façade
247’ sur E Washington St
COMMODITÉS
- Restaurant
- Affichage
- Intersection avec signalisation
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 49-10-01-118-047.000-700 | Évaluation des bâtiments | 445 764 $ CAD |
| Évaluation du terrain | 481 881 $ CAD | Évaluation totale | 927 645 $ CAD |
Impôts fonciers
Numéro de lot
49-10-01-118-047.000-700
Évaluation du terrain
481 881 $ CAD
Évaluation des bâtiments
445 764 $ CAD
Évaluation totale
927 645 $ CAD
1 de 7
VIDÉOS
VISITE EXTÉRIEURE 3D MATTERPORT
VISITE 3D MATTERPORT
PHOTOS
VUE DEPUIS LA RUE
RUE
CARTE
Présenté par
Applebee's | 7345 E Washington St
Vous êtes déjà membre? Connectez-vous
Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.
Merci! Votre message a été envoyé.