Applebee’s | Absolute Triple Net (NNN) Ground Lease

Highlights:

• Absolute Triple Net (NNN) Ground Lease Which Was Recently Renewed For 10 Years
• Excellent Demographics With a Population of Over 189,162 Residents Within a 5-Mile Radius
• Attractive Rent Increases of 10% Every 5 Years
• Operations at Site Have Continued Since 2000 – Showing a Commitment to the Location
• Backed By New York’s Strongest Applebee’s Guarantor With Over 50 In-State Locations
• Property is an Outparcel to a Walmart Supercenter
• Area Within a 1-Mile Radius Has Experienced a 50% Population Growth Over the Past 10 Years
• Located Near the Greater Rochester International Airport and Wegman’s Corporate Headquarters
• Situated on a Signalized Hard Corner Offering Great Visibility, Seeing a Combined VPD of Over 33,330 Vehicles
• Situated Between Interstate 390 (Sees Over 125,461 VPD) and Interstate 490 (Sees Over 57,327 VPD
• Nearby Tenants Include: Panera Bread, McDonald’s, Starbucks, Aspen Dental, Walmart, T-Mobile, Chase Bank and More

Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,997 SF Applebee’s Located at 2120 Chili Avenue in Rochester, NY. This Opportunity Includes a 10 Year Absolute Triple Net (NNN) Ground Lease Located in an Area With Over 189,162 Residents, Providing For a Great Investment.





In Cooperation with Venture Retail Partners, LLC
BoR: Trevor McNiven – Lic #10491205228

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