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Building Details:
• Year Built: 2014
The Jonna Group of Marcus & Millichap is pleased to present for sale a single-tenant freestanding Applebee's restaurant located in Southfield, Michigan. The property consists of 5,430 square feet of building area and is situated on a 1.35-acre lot. The property is subject to an attractive 20-year Absolute NNN lease with over 17 years remaining on its base term. The current rent is $220,000 with 10 percent rent escalations every 5 years, as well as increases that continue through the two option periods.
- Available Spaces
| Suite | Space Type | Pricing | Size |
|---|---|---|---|
| --- | For sale: Contact for Pricing | 58,806 sqft | |
| View Details | |||
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