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APPLEBEE'S
(KENOSHA, WI)
APPLEBEE'S (KENOSHA, WI)
6950 75th St
Kenosha, WI 53142
Price: $2,100,000
CAP Rate: 7.25%
Leasable Area: 5,276 SF
Status: Sold
Lease Type: Absolute Triple Net (NNN)
Lease Term Remaining: 20 Years from COE
Guarantee: Franchisee (***Ask Broker for Details)
NOI: $152,280 / Year
INVESTMENT HIGHLIGHTS
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Long Term NNN Lease | 20 Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
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Attractive Annual Increases | Lease Structure allows for annual increases in rent by 1.5%
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Four (4) Tenant Renewal Periods of Five (5) Years Each
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Successful Applebee's Operator of 40+ Units | Experienced Operator ensures safety and security of the operations of the
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Traffic Exceeding: 36,000 Cars Per Day | Dense Demographics
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Surrounding Nationally Recognized Neighboring Tenants: Costco, Marshall, Meijer, Kohls, PetSmart, Lowes, and several more.
Lead Agent:
Neil Naran
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