Offered for sale is the opportunity to acquire an absolute net lease Applebee's in Greenville, Texas. The property consists of a 5,023-square-foot, freestanding building that sits on 1.17 acres of land. There are 4.7 years remaining on the current lease term, with 10% rental increases every five years.
Price | $3,602,000 |
Cap Rate | 7.75% |
Building Size | 5,023 sqft |
Lot Size | 1.17 acres |
Year Built | 1993 |
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