Applebee’s

18290 West 12 Mile Rd., Southfield, MI 48076

PROPERTY DETAILS

  • Cap Rate 5.85%
  • Leasable Area 5,430 sq ft

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INVESTMENT OVERVIEW

- Absolute NNN 20 Year Lease | No Landlord Responsibilities - 17+ Years Remaining on Lease | New Applebee’s Prototype Restaurant - Four, Five Year Options | 6.5% Increases Every 5 Years Including Options - Lease Guaranteed by TSFR Apple Venture LLC | 65 Unit Operator

PROPERTY INFORMATION

Price:
$3,760,683
Cap Rate:
5.85%
Lease Term:
17 years
Status:
Available

LOCATION INFORMATION

Address:
18290 West 12 Mile Rd., Southfield, MI 48076


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