Applebee’s

Applebee’s

Applebees Waterloo
APPLEBEE’S
Black Hawk County, IA

PRICE $3,168,000
GLA 4,800 SF
PROPERTY TYPE Retail
CAP RATE 6.50%
LEASE TYPE NNN
LEASE EXPIRATION May 2022
YEAR BUILT n/a
DEMOGRAPHICS
Total Population
1 – mi. – 1,795
3 – mi. – 46,378
5 – mi. – 74,662
More info in the flyer

INVESTMENT HIGHLIGHTS

  • NNN Lease with 10% Rental Increases Every 5 Years Throughout Initial Term and Options
  • Long-Term 15-Year Historical Occupancy
  • Excellent Centralized Location – Within a Strong Retail Trade Corridor that Extends More than 30 Miles
  • Site is Surrounded by Residential Neighborhoods, Apartment Complexes, and Near Numerous Amenities Including Hotel Establishments, Hospitals, and More
  • Features Easy Access and Excellent Visibility

City:Black Hawk County
State:IA
Square Feet:4,800 SF
Price:$3,168,000
Cap Rate:6.50%

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