Highlights
• 3+ years remaining on a Triple Net (NNN) Lease with zero landlord responsibilities • Annual rent increases provide a healthy hedge against inflation Strong guarantee from RMH Franchise Holdings, currently operating over 130 restaurants across 14 states • Applebee's is one of the world's largest casual dining brands, with over 1,512 locations in 16 countries
Description
Sands Investment Group is pleased to exclusively offer for sale a 4,755 SF Applebee’s located at 602 Fairview Boulevard in Kendallville, Indiana. The property is leased on a Triple Net (NNN) basis with 3+ years remaining, requiring zero landlord responsibilities. The lease includes annual rent increases, providing investors with a strong hedge against inflation and a secured, income-producing investment opportunity.
Listing Details
- Cap Rate
- Tenancy
Single
- Space Type
retail
- Sub Category
fast-food / restaurant
- Date Listed
6/22/2026
- Investment Type
Net Lease
- Net Operating Income
- Brand Info
Applebees
- Ground Lease
No
Property Specifics
- Property Name
Applebee's - Kendallville, IN (7.31% CAP)
- Year Built
2000
- Building Size
- Lot Size
Ac
- Occupancy