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- LoopNet Team
1617 Bypass 72 NE
Greenwood, SC 29649
Applebee's · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Restaurant
- Signage
ABOUT 1617 BYPASS 72 NE , GREENWOOD, SC 29649
Recently Negotiated Absolute NNN Lease 5.5 years remaining on an absolute NNN lease Landlord recently negotiated and restructured the lease Tenant recently restructured lease to ensure profitability Passive investment with zero landlord responsibility Healthy rent-to-sales ratio; see broker for details Strong National Tenant; Experienced Operator 100% leased to national tenant, Applebee’s, a subsidiary of DineEquity, Inc. (NYSE: DIN) Applebee’s is the largest casual-dining chain in the world with over 2,000 Applebee’s Neighborhood Grill & Bar locations in 49 states and nearly 20 countries The tenant is Green Apple, LLC, a subsidiary of Apple Gold Group that operates nearly30 locations Applebee’s restaurants is the largest casual dining restaurant chain in the world Strong Retail Trade Area Applebee’s benefits from its location along Bypass 72 with over 24,000 vehicles passing daily Other national retailers in the area include Food Lion, Hobby Lobby, Big Lots, Sonic and Taco Bell to name a few
PROPERTY TAXES
| Parcel Number | 6846-952-884-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $75,000 |
PROPERTY TAXES
