Applebee`s

INVESTMENT HIGHLIGHTS

• Long Term Absolute NNN Lease – There are over ±16 years remaining on the lease and there are zero landlord responsibilities or expenses, providing 100% passive income to the landlord.
• Strategically Positioned – The property is strategically positioned off Hwy 41 (Tamiami Trl) which sees over ±28,500 vehicles per day.
• Outparcel Location – The property is an outparcel to Venice Village Shopping Mall which consists of major national retailers such as Target, Bealls, Publix, and Staples to name a few.
• Growing Area + Population – The population of Venice, Florida has grown by 10.5% between 2020 and 2023 and still averaging over 3% of growth annually.
• World’s largest Restaurant Franchisee – Apple Florida LLC is part of Flynn Restaurant Group which is the world’s largest restaurant franchise. Flynn currently operates over 2,600 restaurants and generates over $4.5 billion in revenue annually.
• National Tenant – Applebee’s Grill + Bar, a subsidiary of DineEquity, INC. is one of the largest casual dining restaurant chains in the world with over 1,660 locations.