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APPLEBEE'S (OAK CREEK, WI)
7135 South 13th Street,
Oak Creek WI 53154
Price: $2,109,000
CAP Rate: 6.75% 
Leasable Area: 4,787 SF
Status: Available 
Lease Type: Absolute Triple Net (NNN)
Lease Term Remaining: 20 Years from COE
Guarantee: Franchisee (***Ask Broker for Details)
NOI: $142,358 / Year
INVESTMENT HIGHLIGHTS
  • Long Term Lease | 20 Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
  • Management Free Real Estate Income | Lease Structure is an Absolute Triple Net (NNN) Lease which ideal for 1031 Exchange Buyers
  • Attractive Rental Increases | Base Rent increases 1.50% Annually
  • Attractive Options to Extend | Four (4) Tenant Renewals Periods of Five (5) Years Each
  • Successful Operator of Applebee's | Operates 46+ Units between Wisconsin & Kentucky
  • Experienced Operator ensures safety and security of brand
  • Nationally Recognized Neighboring Tenants: Walmart, Lowe’s, Aldi, Home Depot, Hobby Lobby, Sam’s Club, Starbucks, La Quinta Inn & Suites and Industrial & Warehouse Manufacturing Facilities

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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