Applebee’s | Ada, OK
Sands Investment Group is Pleased to Exclusively Offer For Sale the 4,858 SF Applebee’s NNN Property Located at 1220 North Mississippi Avenue in Ada, 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 is a Very High Performing Unit Featuring a Guarantee From RMH Franchise Holdings With Over 130 Restaurants Across 14 States. With Strong Store Sales, 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
- Outstanding Unit Level Sales, Providing a Healthy Rent-to-Sales Ratio
- Strategically Located on N Mississippi Ave, the Main Throughfare Through Ada, Which Sees an Average of Over 13,000 Vehicles Per Day
- 3-Miles From East Central University – Enrollment of Over 4,000 Students
- Directly Across From The Home Depot, Providing For Ample Daily Traffic Counts
- Desirable Land Parcel Size of 2.62 Acres
- Nearby National Retailers Include: The Home Depot, Walmart Supercenter, ALDI, Chili’s, Starbucks, Pizza Hut, Chick-fil-A, Burger King, KFC, Taco Bell, O’Reilly Auto Parts, Sonic, Arby’s, Chicken Express, Jimmy John’s, Valvoline and More
In Cooperation With Sands Investment Group Oklahoma LLC – Lic. #207753 BoR: Tom Gorman – Lic. OK #207754
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