Applebee's Cheyenne 1401 Dell Range Boulevard
Cheyenne, WY 82009
For Sale
5,685 sqft
Sale Price
$3,956,000
Brochure
Map
Retail For Sale - Available Immediately
A SINGLE-TENANT, NET-LEASE INVESTMENT AT A SIGNALIZED INTERSECTION IN A TAX-FREE STATE
Get in touch
Steve Stoecker
CBRE is pleased offer the opportunity to purchase a single-tenant building 100% leased to Applebee’s. (the “Offering” or “The Property”). The offering features an absolute triple-net lease with an existing expiration date of December 2032, inclusive of four (4) five-year renewal options and contractual rent increases throughout both the initial term and option periods. Flynn Group, the world’s largest Applebee’s franchisee with 460 locations across 25 states, recently took over this location as the franchisee and lease guarantor.
The 5,685-square-foot freestanding retail facility was constructed in 1992, with Applebee’s occupying the site since its inception.
The 5,685-square-foot freestanding retail facility was constructed in 1992, with Applebee’s occupying the site since its inception.
This Applebee’s location benefits from its adjacency to the Frontier Mall, a 524,000-square-foot regional shopping destination. The mall, drawing 2.9 million annual visits, offers a diverse range of daily necessities, discount apparel, entertainment, and quick-service dining, thereby fostering significant synergy and cross-over consumer traffic
Strategically situated in the heart of Wyoming’s State Capital, the Cheyenne Applebee’s is just a 15-minute drive north of downtown Cheyenne and 10 minutes from the regional airport. The Property enjoys a prominent position along Dell Range Boulevard, the primary retail corridor within the Cheyenne MSA, surrounded by major national retailers such as Dillard’s, Walmart, Target, Lowe’s, Kohl’s, JCPenney, Ross Dress for Less, Sam’s Club, and Hobby Lobby.
Strategically situated in the heart of Wyoming’s State Capital, the Cheyenne Applebee’s is just a 15-minute drive north of downtown Cheyenne and 10 minutes from the regional airport. The Property enjoys a prominent position along Dell Range Boulevard, the primary retail corridor within the Cheyenne MSA, surrounded by major national retailers such as Dillard’s, Walmart, Target, Lowe’s, Kohl’s, JCPenney, Ross Dress for Less, Sam’s Club, and Hobby Lobby.
Total Space Available
5,685 sqft
Sale Price
$3,956,000
Get in touch
Steve Stoecker