Contacts
Matt Weber
Encore Real Estate Investment Services
Property Details
- Property Type Retail - Freestanding
- Property Size 4,738 SF
- Lot Size 1.03 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2002
- Date Updated Nov 20, 2024
Applebee's Frankfort INApplebee's Frankfort
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- New 10 Year Lease Extension Commenced Dec 2023 - 8% Increase in Year 6
- Absolute Net Lease - Zero Management Responsibilities Required
- 2023 Sales - $1,869,000 | 6.1% Rent-to-Sales Ratio
- Tenant Recently Replacing The Parking Lot/Updating The Landscaping
- Two (2), Five-Year Option Periods Featuring 10%Rental Increases
- Apple American Group: Strong Lease Guarantor From The Largest Applebee's Franchisee With Over 440 Locations
- Outparcel To A Walmart Supercenter | Additional National Tenants In The Immediate Area Include: Lowe’s, Rural King, McDonald's, Taco Bell, Anytime Fitness Amongst Others
- 20,000 People Within 5 Miles of Subject Property
- 5 Mile Average Household Income Exceeds $62,000
Getting around
-
46/100
Walk Score ®
-
40/100
Bike Score ®
Powered by Walk Score ®
Location
- City Frankfort, IN
- Neighborhood Frankfort
- Zip Code 46041
- Market Lafayette
Points of Interest
-
Marathon
0.38 miles
-
Shell
0.43 miles
-
Speedway
0.89 miles
-
Bob's Mart
5.82 miles
-
Valero
8.93 miles
-
BP
9.12 miles
-
Taco Bell
0.09 miles
-
KFC
0.70 miles
-
McDonald's
0.73 miles
-
Wendy's
0.79 miles
-
Pizza Hut
0.83 miles
-
Pepe's
1.67 miles
-
ALDI
0.09 miles
-
Walmart Supercenter
0.14 miles
-
Ruler Foods
0.89 miles
-
IGA
2.10 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Matt Weber
Encore Real Estate Investment Services
