Property Details

Applebee’s

Warrenton, VA
Property ID: 3685

Financial Summary

Asking Price $3,688,445
Cap Rate 6.75%
Net Operating Income (NOI) $248,970
Lease Type NNN
Lease Term Remaining 10+ Years
The Offering Memorandum for this property is no longer available.

Contact

Rick Fernandez
Senior Managing Director
703.787.4732

Share Property

Highlights

  • Corner out parcel location at entrance to Giant, Safeway, Tractor Supply anchored Warrenton Village Center
  • 10+ years remain on a 20 year lease, plus 20 years of options
  • Strong sales and local 67-unit franchisee
  • The sixth largest franchisee in the Applebee’s system
  • On main commuter route with 30,000 VPD

Net Lease Advisor

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

Location

105 W Lee Hwy
Warrenton, VA

Traci BidingerApplebee’s