Absolute NNN Applebee's
For Sale
Contact for pricing
Pending
103 Carlos G Parker Boulevard NW, Taylor, TX 76574
Fee-simple Applebee's with absolute NNN structure and franchisee guarantee, under a brand-new 15-year lease term.
Property SizeContact for details
Days on Market148
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
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Sep 4 at 5:20PM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76574, TX
19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
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
