NNN Applebee’s Orlando FL
![](https://herculespimenta.com/wp-content/uploads/2019/01/Applebees-Adapted-1024x640.jpg)
- Price: US $ 2,932,000
- Property Type: Free standing
- Occupancy: 100%
- CAP: 5.81%
- Building Area: approx. 4,975 SF = 462 m²
- Lot: approx. 13,590 SF = 1262 m²
- NOI: US $ 170,275
- Annual Expenses: 0 (Zero) NNN- Tenant responsible for all expenses including property tax, insurance and maintenance
- Contract Terms: 13.5 years remaining Expires on 05/21/2032
- Increases: 1% annually
- Extensions: 6- 5 years’ options
- Guarantor: Neighborhood Restaurant Partners Florida, LLC. Neighborhood Restaurant Partners is a strong operator, with over 120 locations throughout the southeast and Texas.
- Location: A+ Location just a 15-minute drive from the Orlando International Airport. Strong surrounding demographics – 200,441 residents in a 5-mile radius and an average household income of $102,195