3326 E Market St
Logansport, IN 46947
Applebee' s · Retail Property For Sale

Stan Johnson Company is pleased to exclusively offer for sale to qualified investors an Applebee' s restaurant located in Logansport, Indiana. The Tenant is operating under a 20-year Absolute NNN lease with approximately seven (7) years remaining on the primary lease term. This property is located on the main thoroughfare through Logansport, surrounded by many other national retailers. The visibility of this property is great as it is an outparcel to a shopping center. Additionally, there are nearly 21,000 people living within 3 miles of this property and the 1-mile average household income is over $60,000. This specific location is an Apple American Group franchisee location. This is the largest Applebee' s franchisee with over 480 locations and revenues of $1.2 Billion. Logansport is a city in and the county seat of Cass County, Indiana. The population was 18,396 at the 2010 census. Logansport is located in northern Indiana at the junction of the Wabash and Eel rivers, northeast of Lafayette. In 2009, Logansport was designated a Preserve America Community. This designation was bestowed upon Logansport by former First Lady Laura Bush, as one of her last unofficial duties before leaving the White House. The Preserve America Executive Order Signed by President George W. Bush on March 3, 2003, Executive Order 13287, Preserve America, complements the Preserve America initiative. Logansport is home to the McHale Performing Arts Center, adjacent to Logansport High School. As a fine facility and technically one of the best equipped auditoriums in the state, McHale PAC plays host to the annual Winter Fantasy Production, as sponsored by a union of the organizations in the Logansport High School Performing Arts Department.