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1260 S Main St
Sikeston, MO 63801

Applebee’s · Retail Property For Sale

Investment Highlights

  • Applebee’s in Sikeston, Missouri | Halfway Point Between St. Louis and Memphis
  • Hedge Against Inflation | 10% Rent Increase in 2023
  • Outparcel to Lowe’s Home Improvement & Adjacent to Walmart Anchored Center
  • More Than 8 Years Remaining on a Triple-Net Lease (NNN) | Zero Landlord Responsibilities
  • Ideally Located on South Main Street | More Than 14,640 VPD | Also a Quarter of a Mile from I-60 | More Than 17,000 VPD

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,069 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.23 AC
Zoning
C1
Frontage
100 FT on South Main

About 1260 S Main St , Sikeston, MO 63801

SAB is pleased to present this Applebee’s in Sikeston, MO. It is a triple net lease, where the tenant is responsible for all operating expenses, for an additional 8 years. The lease features a large 10% rent bump in 2023. This provides a hedge against inflation. The lease is guaranteed by Apple Investors LLC, which operates 55 restaurants throughout the country. The subject property is highly visible from South Main Street which features more than 14,640 vehicles per day. It is also ideally located as an outparcel to Lowe’s Home Improvement and across from a Walmart Supercenter.

  • Listing ID: 18549917

  • Date on Market: 2/17/2020

  • Last Updated:

  • Address: 1260 S Main St, Sikeston, MO 63801