3040-1 E College Ave
Appleton, WI 54915
Applebee's · Retail Property For Sale

The CBRE Net Lease Property Group is pleased to exclusively offer a 4,406-square-foot freestanding Applebee’s situated on 1.10 acres in Appleton, WI (Population: 74,653), which is located 30 miles south of Green Bay and 105 miles north of Milwaukee. Applebee’s absolute NNN lease has ±11.9 years of primary lease term remaining and features 1.50% annual rent increases throughout the primary term and each of the four 5-year renewal options. The property is ideally positioned with excellent access and visibility on the hard corner at the signalized intersection of Kensington Drive and East College Avenue (Traffic Count: 20,300 VPD), and is immediately west of WI-441 (56,400 VPD), which – along with I-4 – comprise a beltline that encircles the greater Appleton area. The site is strategically located within a large retail and commercial corridor, which is occupied by Lowe’s, Menard’s, Festival Foods, Shopko, the 16-screen Marcus Valley Grand Cinema, Planet Fitness, Quality Inn & Suites, Hilton Garden Inn, Perkins, McDonald’s, Subway, Taco Bell, Burger King, and O’Reilly Auto Parts. The property is also just 6 miles from the 1.2 MSF Fox River Mall, the largest mall in the state.