Absolute NNN Applebee's
103 Carlos G Parker Boulevard NW Taylor, TX 76574
103 Carlos G Parker Boulevard NW, Taylor, TX, 76574
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For Sale
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Pending
Fee-simple Applebee's with absolute NNN structure and franchisee guarantee, under a brand-new 15-year lease term.
Days on Market103
Property Features for 103 Carlos G Parker Boulevard NW
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Matthew Mousavi · License #CA 01732226
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 11:44PM Checked: Jul 21 at 9:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group presents a fee-simple interest (land and building ownership) in an absolute NNN leased Applebee's investment property in Taylor, Texas (Austin MSA). The lease is structured as a sale-leaseback with the tenant executing a brand new 15-year lease, including four 5-year option periods, and rental increases of 10% every 5 years during the initial term and at the start of each option period. The lease is described as absolute NNN with zero landlord responsibilities. The tenant’s obligations are guaranteed by Apple Houston Group.
The property is located near the hard corner intersection of Carlos G. Parker Boulevard and State Highway 95, with an average combined 24,300 vehicles passing by daily. The asset is positioned as an outparcel to a Walmart-anchored shopping center and is directly across from H-E-B. Nearby national and credit tenants listed include Tractor Supply Co., Advanced Auto Parts, Harbor Freight Tools, Aaron’s, Walgreens, and Dollar Tree, among others.
The property is located near the hard corner intersection of Carlos G. Parker Boulevard and State Highway 95, with an average combined 24,300 vehicles passing by daily. The asset is positioned as an outparcel to a Walmart-anchored shopping center and is directly across from H-E-B. Nearby national and credit tenants listed include Tractor Supply Co., Advanced Auto Parts, Harbor Freight Tools, Aaron’s, Walgreens, and Dollar Tree, among others.
Key Highlights
- Fee‑simple Applebee's investment with absolute NNN structure and zero landlord responsibilities
- Brand‑new 15‑year lease at close of escrow with 4 (5‑year) option periods
- Lease includes 10% rental increases every 5 years throughout the initial term and at the start of each option period
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Fee-simple Applebee's with absolute NNN structure and franchisee guarantee, under a brand-new 15-year lease term.
Where is this conventional restaurant located?
The property is located at 103 Carlos G Parker Boulevard NW Taylor, TX.
What are key features of this property?
This property features: Fee‑simple Applebee's investment with absolute NNN structure and zero landlord responsibilities; Brand‑new 15‑year lease at close of escrow with 4 (5‑year) option periods; Lease includes 10% rental increases every 5 years throughout the initial term and at the start of each option period
