Restaurant For Sale
6,250 Sq Ft
Prime investment in the growing Hinesville area! Passive income for an investor with no landlord responsibilities! Triple Net lease with 9 years remaining!! In the year 2022,the rent increases by 10% which equals a Cap Rate of 7.2%! (Three 5 year options with 10% increase) This store performs 18% above the Applebee's national store sales average! Operated by Apple American Group, on of the largest Applebee's franchisee's, with around 480 locations throughout the US. Quality brick construction situated on a large 1.38 acre parcel, adjacent to the Marriott Inn and Holiday Inn. Traffic count is over 30,000 cars per day. 4 miles to Fort Stewart, housing over 11,000 people. Over 50,000 Soldiers and Family members surrounding the base in Hinesville.