Applebee's Grill + Bar NNN Property For Sale — Venice, FL · $3.23M
Venice, FL
Prime single-tenant net lease opportunity featuring Applebee's Grill + Bar located in Venice, Florida. The property is secured by a long-term Absolute NNN lease with approximately 16 years of term remaining, providing completely passive, predictable cash flow with zero landlord management responsibilities. Ideal for 1031 exchange or passive income investors seeking long-term stability backed by an established restaurant brand.
- Address: Venice, FL
- Asking price $3.23M
- 5.90% cap rate
- NOI $190,678
- 16 years remaining
- NNN lease
- Guarantor: Corporate
Location
This Applebee's Grill + Bar property is in Venice, Florida.
Asset type: Casual Dining / Restaurant