Applebee's
5928 SW 17th Street | Topeka, KS 66604
Contact Brokers
Jim Shiebler, CCIM, CEC
First Vice President Investments
Jim.Shiebler@MarcusMillichap.com
(O) 239.340.7811
FL #SL3347780
James Garner, CCIM
First Vice President InvestmentsJames.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659
James Medefind
Senior Vice President Investments
James.Medefind@MarcusMillichap.com
(O) 813-387-4788
FL #SL3216834
Highlights
-
Absolute NNN Lease with Zero Landlord Responsibilities
-
Topeka, KS – State Capitol of Kansas: Extremely Coveted by Investors & Recession and Economic Downturn Fortified & Resistant
-
Operated by the 2nd Largest Applebee’s Franchisee & One of the Fastest Growing Casual Dining Companies in America
-
Ideally Situated in the Epicenter of the Main Retail Corridor - Serves as an Outparcel to Lowe's, Walmart, Sam's Club & Best Buy
-
Adjacent to West Ridge Mall & Across from Wannamaker Square Shopping Center with 3.4MM+ Visitors per Year
-
Ideal Demographics - Population Density: 53,461 – 3 miles, 94,990 – 5 miles & Affluent HH Income: $76,183 - 1 mile, $83,908 - 3 miles
Description
Marcus & Millichap is pleased to present Applebee’s, a truly rare trophy investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in Topeka, KS. This location has an absolute NNN lease with zero landlord responsibilities. Additionally, this location is ideally located within the epicenter of the main retail corridor and is an outparcel to Lowe's, Walmart, Sam's Club & Best Buy. The subject property is located just 4 miles from the State Capitol making it extremely coveted by investors as well as recession and economic downturn fortified. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.