281 Commonwealth Blvd W
Martinsville, VA 24112
Applebee's Corporate 15 Year Lease · Retail Property For Sale
PROPERTY FACTS
ABOUT 281 COMMONWEALTH BLVD W , MARTINSVILLE, VA 24112
Marcus & Millichap is pleased to present for sale this freestanding Applebee's located in Martinsville, Virginia. This Rare Corporate Guaranteed Applebee's is located across the street from a recently remodeled Power Center anchored by Kroger, Belk, Dunham Sports, Office Max, and Marshalls. There are 15 years remaining on the original lease with 1.5 percent annual increases until 2022 and then 10% increases every five years starting in July 2023. This site experiences strong, steady sales due to its strategic location on Commonwealth Boulevard, a main thoroughfare for the county of Martinsville.
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Listing ID: 15693286
Date on Market: 4/10/2019
Last Updated:
Address: 281 Commonwealth Blvd W, Martinsville, VA 24112
The Retail Property at 281 Commonwealth Blvd W, Martinsville, VA 24112 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.