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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
  • Long Term NNN Lease | 20 Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Annual Increases | Lease Structure allows for annual increases in rent by 1.5%
  • Four (4) Tenant Renewal Periods of Five (5) Years Each
  • Successful Applebee's Operator of 40+ Units | Experienced Operator ensures safety and security of the operations of the 
  • Traffic Exceeding: 36,000 Cars Per Day | Dense Demographics
  • Surrounding Nationally Recognized Neighboring Tenants: Costco, Marshall, Meijer, Kohls, PetSmart, Lowes, and several more.

Lead Agent: 

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Neil Naran

Phone:  (909) 456-3476

Mobile: (949) 842-9202

Email: Neil.Naran@Marcusmillichap.com

Lic. # 02025512

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