14400 Weaver Lake Rd
Maple Grove, MN 55311
Applebee's: Maple Grove, MN · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 5,582-square-foot freestanding Applebee’s situated on 1.66 acres in Maple Grove, Minnesota (Population: 69,340), which belongs to the greater Minneapolis-St. Paul MSA (MSA Population: 3.59 million). Built in 1996, Applebee’s absolute net lease has ±10.5 years of primary lease term remaining with 10% rent increases every 5 years throughout the initial term. The property is ideally positioned with excellent access and visibility at the signalized intersection of Weaver Lake Road (Traffic Count: 32,000 VPD) and East Fish Lake Road, just feet away from the on-ramp to Interstate 94 (Traffic Count: 120,000 VPD). The immediate corridor is highlighted by the presence of Boston Scientific Corporation and the 190,969-square-foot Grove Square shopping center, featuring national retailers like JCPenney, Walgreens, H&R Block, Golden Corral, GNC and Papa Murphy’s, along with several others. Additionally, Applebee’s is surrounded by a critical mass of retail and commercial uses with 5.0 MSF of retail, 2.3 MSF of office, 6.1 MSF of industrial and 2,385 multifamily units within a 3-mile radius.