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  • For sale
Applebee's | High Profile Hard Corner - Absolute NNN Lease - #1
Applebee's | High Profile Hard Corner - Absolute NNN Lease - #2
Applebee's | High Profile Hard Corner - Absolute NNN Lease - #3
Applebee's | High Profile Hard Corner - Absolute NNN Lease - #4

For Sale

$3,253,000 USD

We are pleased to offer to qualified investors an opportunity to purchase (fee simple) an absolute NNN lease single tenant investment that is fully occupied by Applebee’s with over ~8.5 lease years remaining. Located in Fort Wayne, IN as an outparcel to Meijer and The Home Depot (shadow anchored) the subject property comprises a ~5,824 SF building on a 1.53-acre lot and benefits from excellent shopping center positioning with great visibility at the heavily trafficked hard corner signalized intersection of Lima Rd & Ludwig Rd (42,800+ VPD). This is an excellent opportunity to acquire a grocery anchored outparcel occupied by one of the strongest restaurant brands in the U.S. (excellent franchisee operator – RMH Franchise Corp) on an absolute NNN lease providing ease of management with zero landlord responsibilities.