Property Name

Applebee's




GLA 4,647 SF

Percent Leased 100% Leased

Property Description

Applebee’s is an absolute-NNN leased single tenant restaurant asset located in the growing, central Texas submarket of Taylor, TX.  Benefitting from a strategic location as a pad site Walmart Supercenter and directly across from the adjacent H-E-B anchored shopping center, the Property is approximately thirty minutes northeast of Round Rock, TX and forty-five minutes northeast of Downtown Austin. The Property is leased through February 2033 on an absolute NNN basis with zero landlord responsibilities. The tenant experiences 8% rent escalations every five years including each of their four, five-year renewal options. Applebee’s is operated by Apple Texas Restaurants, Inc., and affiliates which reportedly owns and operates over 80 Applebee’s restaurants across Texas.  
 


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