Applebee's

550 Thornton Road Lithia Springs, GA 30122

  • 4,523 Square Feet
  • Retail
  • For Sale

Summary Description

Mike Milano, CCIM, MAI and Sean Glickman, CCIM, Executive Managing Directors at Colliers International are pleased to offer for sale an opportunity to buy a Applebee’s ground lease in Lithia Springs, GA. Applebee’s has a long history of operating at this location since 2004 and has just executed the first of four option periods, extending the lease term to December 2030.

Price: $3,267,000.00

Building Size: 4523 Square Feet

Area Available: 4,523 Square Feet

Features:

  • Applebee's Ground Lease with 13 Years Remaining
  • 10% Rental Increase in 2019, 2024 and 2029
  • High Traffic Count Location - 59,700 VPD

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