Applebee’s
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PROPERTY ADDRESS
1991 Harner Dr., Xenia,OH 45385
PROPERTY INFORMATION
Price:
$907,500
Cap Rate:
6.0%
Term Remaining:
9+ years Years
Year Built:
2007
INVESTMENT HIGHLIGHTS
- Ground Leases Are The Safest Form of R.E Investment
- Building Was Constructed At Tenant’s Expense
- Very Low Price Point | Ideal 1031 Replacement Property
- Extremely Low Rent Virtually Ensures Continued Occupancy
- Subject is One of Very Few Casual Dining Options in Xenia, OH
- Operator & Lease Guarantor is the 2nd Largest Applebee’s Fran-chisee In The Country With 174 Locations Across 15 States
- 10% Rent Bumps Every 5 Years