Davenport, FL - Applebee's

Description:

• Neighborhood Restaurant Partners guaranteed lease, Neighborhood Restaurant Partners is a 100+ unit franchisee
• 8+ years remaining with 6 (5-year) option periods to extend
• The lease features 1% rental increases annually throughout the initial term and each option period

• The asset is located near the signalized, hard corner intersection of U.S. Highway 27 and Jacks Road with a combined 57,000 vehicles passing by daily
• U.S. Highway 27 is a major retail and commuter thoroughfare serving the city of Davenport and surrounding areas
• The asset has excellent visibility from U.S. Highway 27 and multiple points of ingress/egress