Property Details

Applebee’s

Winchester, VA
Property ID: 9415

Financial Summary

Asking Price $3,643,471
Cap Rate 7.00%
Net Operating Income (NOI) $255,043
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

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Highlights

  • Outparcel to Walmart Supercenter anchored Round Hill Commons
  • 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
  • Located in dense retail trade area, on US Hwy 50 (21,000 VPD)
  • Average HH income of $94,578 within 1 mile of the property

Net Lease Advisor

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

Location

150 Crock Well's Mill Dr
Winchester, VA

Traci BidingerApplebee’s