applebee's absolute nnn lease

Applebee’s | Danville, VA

We Are Pleased to Present For Sale the Applebee’s Absolute NNN Lease Investment Opportunity Located at 410 Old Mount Cross Road in Danville, Virginia. This Opportunity Includes 16+ Years Remaining on a Long-Term Year Absolute Triple Net (NNN) Lease That is Strategically Situated Along a Heavy Retail Corridor, Providing For a Secure Investment.

  • 16+ Years Remaining on a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Guarantee From Apple Investors Group, LLC, a 29-Unit Operator
  • Increases Throughout the Primary Term
  • Strategically Positioned Across the Street From the Danville Mall, With Tenants Such As: Sears, Belk, Red Lobster, Outback, Finishline
  • Located at a 4-Way Signalized Corner
  • Situated One Block From Coleman Marketplace Featuring Target, Home Depot, Dick’s Sporting Goods, Old Navy and Ross
  • Favorable Seller Financing Available Allowing a Potential Investor to Receive a Year 1 Cash on Cash Return of Nearly 13%
  • Population of 48,896 Residents Making an Average Household Income of $52,903 Within a 5-Mile Radius
  • New Caesars Casino With a 300 Four-Star Hotel Rooms, 35,000 SF Conference Space and a 2,500 Seat Live Entrainment Venue Under Construction Less Than 2 Miles Away
  • Danville is the Principal City of the Danville, Virginia Micropolitan Statistical Area – Population Approximately 105,000
  • Danville is Among the Top “25 World Class Communities” – Recognized By the Industry Week Magazine
  • Home to the Danville Braves a Minor League Baseball Team to the Atlanta Braves
  • Easy Access to Interstate 40 & 85, Making Danville Extremely Well-Suited to Reach Mid-Atlantic Markets and International Shipping Facilities
  • Located in South-Central Virginia Along the North Carolina Border
  • Nearby Tenants Include: Walmart Supercenter, Lowe’s, Sam’s Club, Toys ‘R Us, Olive Garden and Hobby Lobby

SIG Works With Non-Resident Prospective Buyers

In Cooperation With:
Michael R. Katz, VA Lic # 0225059347 and FL Lic # BK3366474 of
REF Advisory, Inc. VA Lic # 02260228023 and FL Lic # CQ1051983
REF Advisory, Inc. Works With
Prospective Virginia Resident Buyers

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

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  • 15 Years Remaining on a 20 Year Base Term with 2 x 5 Year Options
  • Absolute Net Lease (NNN) – Tenant is Responsible for All Expenses Including Roof, Structure, Taxes, Insurance and Common Area Maintenance
  • 7.5% Rent Increases Every 5 Years
  • Next Level Petroleum – Substantial Net Worth and Delivering to Over 100 Locations
  • Reputable Oil Distributor in the State of Georgia
  • Strong Store Sales with National Brand Recognition – Recently Rebranded from Shell to Chevron
  • Located Directly off I-85 Near the Alabama State Line and Less Than 1- Mile from the Kia Manufacturing Plant

In Cooperation with Sands Investment Group Atlanta, LLC Lic # H-67374