Applebee’s | Altus, OK
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,854 SF Applebee’s NNN Asset Located at 3501 North Main Street in Altus, OK. 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 Has a Healthy Rent to Sales Ratio Featuring a Guarantee From RMH Franchise Holdings With Over 130 Restaurants Across 14 States. With a Healthy Rent to Sales Ratio, 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
- Very Healthy Rent-to-Sales Ratio, Providing a Safe Long Term Investment
- Strategically Located Directly on Highway 283, a Major North and South Interstate
- Adjacent to Western Oklahoma State College – Enrollment of Over 2,500 Students
- Altus is Home to Altus Air Force Base – The Premier Air Mobility Training Location For the United States Air Force; the Base Supports over 2,000 Permanent Military Personnel and Trains Over 2,000 Student Annually
- Limited Nearby Restaurant Competition
- Nearby National Retailers Include: Walmart Supercenter, Whataburger, Starbucks, Chick-fil-A, Chicken Express, Taco Bell, Hobby Lobby, Pizza Hut and More
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
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