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6950 75th St
Kenosha, WI 53142
Applebees · Retail Property For Sale
Investment Highlights
- Long Term NNN Lease | 20 Year Triple Net (NNN) Lease with Zero Landlord Responsibilities
- Successful Applebee’s Operator | 40+ Units with Low Rent to Sales Ratio
- Surrounding Successful Tenants | Traffic Exceeding: 36,000 Cars Per Day
- Attractive Rental Increases | 1.50% Annually and Four (4) Tenant Renewals Periods of Five (5) Years each
- Low Rent to Sales Ratio | Experienced Operator ensures safety and security of the operations and brand and demonstrates Tenant’s Ability to Pay Rent
- Neighboring Tenants: Costco, Marshall, Meijer, Kohls, PetSmart, Lowes, and several more.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,276 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.89 AC
Zoning
B-2 - Commercial
Parking
67 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 03-122-03-365-002 | Improvements Assessment | $1,493,800 |
| Land Assessment | $494,400 | Total Assessment | $1,988,200 |
Property Taxes
Parcel Number
03-122-03-365-002
Land Assessment
$494,400
Improvements Assessment
$1,493,800
Total Assessment
$1,988,200
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