Property Details

Applebee’s

Clermont, FL
Property ID: 8816

Financial Summary

Asking Price $2,589,480
Cap Rate 5.20%
Net Operating Income (NOI) $134,653
Lease Type NNN
Lease Term Remaining 13 Years
The Offering Memorandum for this property is no longer available.

Contact

Patrick R. Nutt
Managing Partner
703.787.4714
Keelee Peterson
Director
404.492.9469

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Highlights

  • Strong store sales - rent to sales ratio only 5.25%
  • Newer construction (2016)
  • Lease guaranteed by 75 unit operator
  • Excellent visibility on Hwy 50
  • Clermont named one of top 20 cities in America
  • 20 miles to major theme parks

Net Lease Advisor

For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

Location

2050 E Highway 50
Clermont, FL

Amanda WillisApplebee’s