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1966 N Henderson St
Galesburg, IL 61401
Applebee's Grill & Bar: Absolute NNN Lse · Retail Property For Sale
PROPERTY FACTS
About 1966 N Henderson St , Galesburg, IL 61401
Applebee’s Grill & Bar has 10+ years remaining on an initial 15-year Absolute NNN lease with lesser of 1.25x of CPI or 2% rental escalations annually and five 2-year options. The tenant, The Bloomin’ Apple, LLC/Heartland Apple, LLC combined back the performance of this lease and operate a total of 19 Applebee’s locations in the Midwest. Applebee’s Grill & Bar is located in Galesburg, Illinois on US Route 150 with excellent drive by visibility. Nearby retailers include: JOANN Fabrics, Dunham’s Sports & Carpetland USA,Target, Lowe’s Home Improvement, Walmart Supercenter, Kohl’s, Menards, Tractor Supply, Hy-Vee, ALDI, PetSmart, Harbor Freight Tools, Five Below, Slumberland Furniture, Rent A Center, Big Lots, Dollar Tree, Dollar General, AMC Classic, etc. The subject location is less than 2 miles from Knox College (enrollment of 1,400), 2.5 miles from Carl Sandburg College (enrollment of 2,328), and 2.5 miles from OSF St. Mary Medical Center (81 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate and Auction #471016673
PROPERTY TAXES
| Parcel Number | 99-04-276-002 | Improvements Assessment | $897,500 |
| Land Assessment | $114,870 | Total Assessment | $1,012,370 |
PROPERTY TAXES
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