Applebee’s – Lexington, SC

Investment Offering – $2,867,300

605 Columbia Ave, Lexington, SC 29072

NOI: $172,039 Cap Rate: 6%
Lease Term: 15 Remaining Term: 15
Lease Type: NNN Building Sq. Ft.: 5,002
Renewal Options: Four (4), Five (5) Year Options

PROPERTY HIGHLIGHTS

  • Long-Term Absolute NNN Lease
  • Zero Landlord Obligations
  • Scheduled Annual Increases in Rent
  • Strong Operator of Applebee’s Restaurants
  • Located at Major Commercial Thoroughfare Surrounded by Major Retailers Including WalMart, Target, Kohl’s and Publix

CONTACT US

PAUL TRUPIA III
P: 646.791.0818
paul@kentwoodcapital.com

ED BRESLIN
P: 310.774.3790
ebreslin@kentwoodcapital.com

OFFERING
MEMORANDUM

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