applebee's nnn ground lease

Applebee’s | Rochester, NY

Sands Investment Group is Pleased to Exclusively Offer For Sale the Applebee’s NNN Ground Lease Investment Opportunity Located at 2120 Chili Avenue in Rochester, New York.

  • Absolute Triple Net (NNN) Ground Lease Which Was Recently Renewed For 10 Years
  • Excellent Demographics With a Population of Over 189,162 Residents Within a 5-Mile Radius
  • Attractive Rent Increases of 10% Every 5 Years
  • Operations at Site Have Continued Since 2000 – Showing a Commitment to the Location
  • Backed By New York’s Strongest Applebee’s Guarantor With Over 50 In-State Locations
  • Property is an Outparcel to a Walmart Supercenter
  • Area Within a 1-Mile Radius Has Experienced a 50% Population Growth Over the Past 10 Years
  • Located Near the Greater Rochester International Airport and Wegman’s Corporate Headquarters
  • Situated on a Signalized Hard Corner Offering Great Visibility, Seeing a Combined VPD of Over 33,330 Vehicles
  • Situated Between Interstate 390 (Sees Over 125,461 VPD) and Interstate 490 (Sees Over 57,327 VPD
  • Nearby Tenants Include: Panera Bread, McDonald’s, Starbucks, Aspen Dental, Walmart, T-Mobile, Chase Bank and More
In Cooperation with Venture Retail Partners, LLC
BoR: Trevor McNiven – Lic #10491205228

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  • World’s Largest Fast Food Chain with Revenue in Excess of $27 Billion
  • Absolute Triple Net Ground Lease – No Landlord Responsibility
  • McDonald’s Corporate Guaranteed Lease
  • Recently Executed a Long Term Lease Extension of 25 Years
  • 7.5% Rental Escalations Every 5 Years
  • Strong Demographics with Population of 197,814 Residents Within a 5-Mile Radius
  • Excellent Combined Traffic Counts of 22,898 VPD on Chili Avenue and Brooks Avenue
  • Located Near the Corporate Headquarters of Wegman’s and the Greater Rochester International Airport

In Cooperation with JDS Real Estate Services, Inc – BoR: Greg Balderacchi Lic # 10311205665