Property Details

Applebee’s

Harrisonburg, VA
Property ID: 10500

Financial Summary

Asking Price $3,383,200
Cap Rate 7.00%
Net Operating Income (NOI) $236,824
Lease Type NNN
Lease Term Remaining 10 Years
Request Offering Memorandum

Contact

Rick Fernandez
Senior Managing Director
703.787.4732

Share Property

Highlights

  • Long-term absolute NNN lease
  • Proven record of store sales above national average
  • Less than one mile from James Madison University
  • Across from Valley Mall (Target, JC Penney, Old Navy, Belk)
  • Located in a dense retail trade area
  • Just off I-81 with 57,000 VPD

Net Lease Advisor

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

Location

1860 E Market St
Harrisonburg, VA

Traci BidingerApplebee’s