Applebee’s | Lubbock, TX
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,388 SF Applebee’s NNN Asset Located at 4025 South Loop 289 in Lubbock, TX. This Deal Includes 7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities and Annual Rent Increases Providing a Strong Hedge Against Inflation. This Location Features a Guarantee From RMH Franchise Holdings With Over 130 Restaurants Across 14 States. With a High Yield, Rare Annual Increases & Triple Net (NNN) Lease, This Asset Offers an Attractive Opportunity For an Investor.
- 7+ Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Annual Rent Increases Providing a Healthy Hedge Against Inflation
- Strong Guarantee From RMH Franchise Holdings – Currently Operating Over 130 Restaurants Across 14 States
- Texas is an Income Tax Free State
- Strategically Located Next to a Walmart Supercenter, Providing For Outstanding Daily Traffic Counts
- Located Directly Off of Highway 289, Which Sees Over 73,000 Vehicles Per Day
- Situated Next to Other National Credit Restaurant Tenants: Outback Steakhouse, Cheddar’s, and IHOP
- 5-Miles From Texas Tech University, Enrollment of Over 41,000 Students
- Nearby National Retailers Include: Walmart Supercenter, Outback Steakhouse, IHOP, Cheddar’s, Whataburger, Krispy Kreme, Sonic, AutoZone, T.J. Maxx, Dollar Tree, Pep Boys, BJ’s Restaurant & Brewhouse, Golden Corral and More
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman Lic. TX #644481
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