Brandon, FL - Applebee's

Description:

• 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 lease is guaranteed by Neighborhood Restaurant Partners, a 100+ unit franchisee
• Applebee’s franchise operations consisted of 1,567 Applebee’s restaurants in the United States and 47 company-operated U.S restaurants as of December 29, 2024

• The subject property is located adjacent to Brandon Centre South, a 75,000+ square foot ALDI anchored Shopping Center with other national/credit tenants including a HomeGoods, Five Below, and a Burger King
• The Applebee’s is located within walking distance to Lake Brandon Village, a 125,000+ square foot shopping mall anchored by Sprouts Farmers Market and also includes Taco Bell, Chick-fil-A, First Watch, and Verizon pads
• The subject property is located in the primary retail corridor with many national/credit tenants including Panera Bread, Costco, Longhorn Steakhouse, McDonald’s, Dunkin’, CVS, Walgreens, and many more
• The Applebee’s is located less than 1-mile from Brandon Exchange Shopping Mall, a 700,000+ square foot shopping mall that includes many national/credit tenants including DICK’s Sporting Goods, Hollister, JCPenny, Macy’s, Zales, P.F. Chang’s, Cheesecake Factory, and many more