250 NE Agness Ave - Restaurant FOR SALE


Grants Pass, OR 97526
$4,835,000 USD
925-286-5049
250 NE Agness Ave, Grants Pass, OR for Sale
$4,835,000 USD
Restaurant - FOR SALE
1/7
null | 6.35% Cap Rate

250 NE Agness Ave
Grants Pass, OR 97526


HIGHLIGHTS

  • Rebranding to Applebee’s + IHOP Dual Brand Stores
  • Long Operating History with Extensive Remodel
  • Strategic I-5 Location Within Proximity to Demand Generators
  • Surrounded by top national retailers—including Walmart, WinCo, Grocery Outlet, and Fred Meyer

OVERVIEW

An established Applebee’s location in Grants Pass is undergoing a full remodel into a next-gen Applebee’s + IHOP dual-brand prototype, secured by a 20-year absolute NNN lease. The property is positioned at a key intersection just off I-5 in a busy Walmart-anchored center.

FOR SALE DETAILS

PRICE

$4,835,000 USD

PRICE/SF

$978 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's & IHOP Dual Brand Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

GC

APN/PARCEL ID

R334707

ASK ABOUT THIS PROPERTY

Brandon NortonMonarch Commercial AdvisorsMore Info
925-286-5049

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Brandon NortonMonarch Commercial AdvisorsMore Info
925-286-5049

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.