4745 Golf Rd
Eau Claire, WI 54701
Applebee's: Eau Claire, WI · Retail Property For Sale

• Concept: Applebee’s is the world’s largest casual dining chain with nearly 1,800 locations in the U.S. and around the world. 100% of all Applebee’s are owned and operated by Franchisees. The Applebee’s brand is owned by Dine Brands Global (NYSE: DIN), which operates approximately 3,700 restaurants under the Applebee’s and IHOP brand names making it one of the largest full-service restaurant companies in the world. • Experienced Tenant: Seenu Kasturi is the 3rd largest Applebee’s franchisee in the country, and serves as a franchisee for many national brands including 40 KFCs, Long John Silvers and Taco Bells; more than 20 Applebee’s; 75 Hardees and Carl Jr’s; and 20 Popeyes. In addition, he has successfully owned and operated restaurant brands such as Tilted Kilt, Lucky’s 13 Pubs, Dick’s Wings, Fat Patty’s and YOBE Frozen Yogurt. Seenu Kasturi controls and owns the majority of Arc Group, Inc., (OTC: ARCK) a publicly traded company. Wisconsin Apple, the tenant under the lease, operates the entire portfolio of assets and is backed by a total of 28 Applebee's locations. • Absolute NNN Lease: Applebee’s attractive absolute NNN lease has 10.8 years of primary term remaining. The lease features 1.50% annual rent escalations throughout the remainder of the initial term and each of the four 5-year options. • Excellent Access/Visibility: The property is ideally positioned with excellent access and visibility on the hard corner at the signalized intersection of Commonwealth Avenue and Golf Road (Traffic Count: 20,700 VPD) and is immediately adjacent to the 133,883-square-foot Oak Pointe Plaza, which is anchored by T.J. Maxx, Best Buy, a brand new HomeGoods, DSW, Ashley Furniture Store, and OfficeMax.